21 January 2013 8:37 AM, PST | Indiewire | See recent Indiewire news »

This weekend, Universal Pictures opened the horror flick “Mama,” starring actress-of-the-moment Jessica Chastain, to a startling $28.1 million domestic gross over its first three days of release. And while it was produced by a studio, the film has all the earmarks of the low-budget genre work that launched the career of Mexican-born executive producer Guillermo del Toro, who pushed Argentinean writer-director Andres Muschietti to expand his 2008 short to feature-length. It’s a shrewd move for all involved. Just in 2012 alone, Paramount (with “Paranormal Activity 4” and “The Devil Inside”), Summit (“Sinister”) and Lionsgate (“The Possession”) turned out low- and micro-budget horror films to reliably exponential returns. The scare-loving audience seems ever ready to show up for the newest disturbing storytelling from indie and low-budget genre filmmakers. But there’s more to it than that. As »

- David Konow

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