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More Horror? Lionsgate Adds A Low Budget Feature Division

This could be very, very good news for horror filmmakers adept at pinching pennies. And even better news for fans who want more demanding fare (the lower the budget, the lower the compromise – sometimes).

After seeing the profit margins of Paramount’s micro-budget shingle, Paramount Insurge (The Devil Inside), Lionsgate is making a point of getting into the micro-budget business, Per Variety. They’ve slotted in John Sacchi (exec producer on The Possession and the My Bloody Valentine remake) to oversee the new arm which will make horror films and comedies budgeted under $2.5 Million.

Lionsgate (now partnered with Summit) has a strong genre year coming up already with films like Warm Bodies, The Hunger Games: Catching Fire and You’re Next. So far the new division has not been named.

Teaser Trailer For ‘The Wicked’ Takes The Senior Dare

TheWickedHeader41212 Teaser Trailer For The Wicked Takes The Senior Dare

There’s a new teaser trailer for micro-budget supernatural slasher The Wicked that’s surprisingly good. The film looks like its means were obviously incredibly limited and it’s not at all reinventing the wheel (and it may have some iffy performances), but it does a way better job of selling me on the film than most micro-budget slasher trailers I come across. Directed by Peteer Winter, The Wicked stars Devon Werkheiser, Justin Deeley, Jess Adams, Diana Hopper, Jackelyn Gauci, Chase Maser and Jamie Kaler and was written by Michael Vickerman. You can check out the film’s Facebook Page here.

The film is, “the story of a witch who lives in a hunted old house in the woods. Legend has it that she survived the witch hunt of the 1700′s. A story passed down from generations, it is believed by the town’s people that if you throw a rock and break her window…The Wicked will get you! The old folklore is revisited when a seven-year old girl turns up missing from her home The rumor around town was that the little girl had broken the witch’s window the night before.

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