24 March 2014 7:20 AM, PDT | ScreenRant.com | See recent Screen Rant news »

Over the last few years producer Jason Blum’s studio Blumhouse Productions has mastered the art of turning a high profit from micro- or low-budget horror films, the best example of which is probably the original Paranormal Activity and its subsequent sequels, which have so far grossed over $800 million worldwide (with a collective production budget of just $18 million).

Found footage is an easy direction to take when producing a horror movie on a shoestring budget; by their very design such movies are usually unpolished with minimal production value. It therefore came as little surprise when Dimension Films announced a new Amityville Horror movie (with Jason Blum producing), which would be titled Amityville: The Lost Tapes and be shot ...

Click to continue reading ‘Amityville’ Acquires Director and Cast; Found Footage Angle Dropped

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