New Line has made its first acquisition in eight years by acquiring worldwide rights to Superstition, writes THR.
The high school-set horror movie also marks the first feature-length film financed by Film 360, the film production arm of Management 360.
The film is said to be in the vein of I Know What You Did Last Summer but with a found-footage element.
The project appeared on Management 360’s radar when first-time directors Chris Lofing and Travis Cluff posted rough footage from Superstition on YouTube, where manager Dean Schnider stumbled upon it. The Fresno-based directors then shot the film on a micro-budget with an unknown cast.
New Line is planning a 2016 release for Superstition.
