Summit Entertainment has won an auction for U.S. distribution rights to an untitled “found footage” thriller that Scott Derrickson (Exorcism of Emily Rose, The Day the Earth Stiid Still) will direct, with Ethan Hawke starring. Jason Blum is producing with Brian Kavanaugh-Jones’ Automatik Entertainment and shooting starts in September, reports Deadline. The movie will cost under $5 million, but the success of the Blum-produced micro-budget horror pics Paranormal Activity and Insidious ramped up the bidding on the project.
From a script by Derrickson and C. Robert Cargill, “Hawke plays a journalist who travels with his family around the country to investigate gruesome murders he turns into books. After he moves his family into a house where another family was murdered, the journo discovers found footage that unveils horrifying clues beyond what caused the original tragedy.”