Much Like Paramount’s Insurge Pictures, Lionsgate announced today a microbudget production initiative, which is focused exclusively on producing films with budgets of under $2 million.
Three films will kick off the slate, one of which comes from Aussie helmer Greg Mclean, the man responsible for both Wolf Creek and Rogue.
6 Miranda Drive is a supernatural thriller in the vein of Poltergesit. “Based on true events, the movie is about a family that unwittingly brings a supernatural force home with them from vacation. Feeding off their own fears, the evil presence threatens to destroy them from within as it takes over their lives and home, with terrifying results.”
Up to ten films will be produced each year under the microbudget umbrella. The initiative was inspired by and modeled on the runaway success of Lionsgate’s previous microbudget properties like The Blair Witch Project and the Saw franchise.