Paramount Pictures is looking to push the release of Paranormal Activity 5, the latest installment in its lucrative horror franchise, until next year, multiple individuals close to the studio told TheWrap. Bloody Disgusting can confirm.
The film is currently scheduled to open October 25.
Says the site, one of the individuals said Paramount had already decided to move Paranormal while another cautioned that the studio was still debating the move. That individual said that the studio is looking at the same weekend as The Devil Inside, which opened January 6 last year.
It remains unclear why Paramount is strongly considering a delay for Paranormal Activity 5.
“They really like the director, but they are second guessing themselves,” one individual close to the studio told TheWrap. Bloody Disgusting is hearing there’s even talk of turning the Latino spin off, currently titled OT: Oxnard Tapes (there’s an exclusive title reveal for you Bloody readers!), into PA5.
All four previous Paranormal films opened in the fall, the last three in October. Along with Saw, Paranormal is a paragon of the microbudget horror genre, with each film in the series grossing at least $140 million at the box office while costing no more than $5 million to produce.