And For Oren Peli's Next Trick...

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You'd think Oren Peli, whose $11,000 horror film Paranormal Activity has ballooned into a $62 million-and-counting megahit for Paramount, would have no trouble finding deep-pocketed suitors to back his next project. You'd be wrong. His Area 51,a sci-fi thriller shooting now in Utah, has a budget of $5 million, and is reportedly searching for bids of $10 million for domestic distribution rights. So far, Paramount, Lionsgate, Overture and at least three other studios have passed. Foreign rights, meanwhile, will be put up for sale at the American Film Market in Santa Monica next week -- a harder sell if no one is ready to pony up for U.S. rights. Does this all have to end like The Blair Witch Project? We'd prefer to think that in Hollywood, talent prevails. But as we well know -- chaos reigns. [NY Times]



Comments

  • JudgeFudge says:

    Okay, Are there any college kids out there? If you want Area 51 to be distributed in the U.S., just tweet #are51usdistribution.

  • Abe Bisso says:

    Tom Carr of Wasatch Paranormal Investigators also known as WPItom in Utah is a Scam Artist, do not sign up for any of his "memberships" unless you want to lose your money. He needs to stop saying racist things about immigrants, get himself off of unemployment, and work like everyone else. He needs to grow up and let go of his imaginary friends, Your an grown manTOM I stopped believing in ghosts when I was 6. DO NOT PAY THIS MAN ANY MONEY.
    Love your EX, thats right I'm letting everyone know.
    PS, he brings guns on his little ghost hunts people.