Jason Blum’s Blumhouse Productions and Picture Shack Entertainment’s George Plamondon and Betsy Schechter plan to mine Fate Magazine for spooky stories, says THR.
The red-hot producer of the Paranormal Activity film franchise and the team behind A&E’s unscripted series “Paranormal State” are about to become strange bedfellows.Jason Blum’s Blumhouse Productions and Picture Shack Entertainment’s George Plamondon and Betsy Schechter have optioned rights to Fate Magazine, a long-running chronicler of the odd and unexplained, with an eye toward mining its library of thousands of stories for television and film.
Fate, founded in 1948, tells tales of flying saucers, close encounters, poltergeists and more. The cult magazine, based in Lakeville, Minn., has served as a well of inspiration for Plamondon and Schechter in creating various series, including Animal Planet’s paranormal docuseries “The Haunted.”
Launched by Amazing Stories editor Raymond A. Palmer and Curtis Fuller, Fate has published first-person accounts of the macabre as well as investigative features and the occasional story debunking dubious claims.