Blumhouse International is Blumhouse Productions
' new international sales division, which will handle sales for films that don’t fall under their first-look deal with Universal. A new division to oversee international sales of films for the micro-budget production company including Sinister 2
. Their six previous films grossed a combined $450 million International on combined budgets under $25 Million.
We are happy to write about Jason Blum
's success. From the days when he handled acquisitions with Amy Israel
for Miramax under the Weinsteins to his establishing Blumhouse Productions
, a multi-media production company that has pioneered a new model of studio filmmaking - producing high-quality micro-budget films for wide release, Jason has never lost his responsive attention to the people who work with him in the industry. You can read his very interesting bio here
It is our pleasure to spread the word about his newest endeavor, the launch of Blumhouse International, a new division to oversee international sales of the company's movies. Bhi has a worldwide distribution and servicing deal with Im Global
and the two companies, with Jason Blum
in attendance, will introduce the venture to international distributors at the forthcoming Cannes Film Festival and Marche.
Blumhouse International will meet with international distributors on two initial projects in Cannes. Sinister 2
is a sequel to Blumhouse's 2012 $3 million micro-budget hit which grossed over $87 million worldwide. Stretch
is a comedy thriller to be directed by Joe Carnahan
and produced by Blum and the director. Tracy Falco
will serve as executive producer and Leon Corcos
as co-producer. Both projects will begin production later in 2013.
The division will handle sales of films outside Blumhouse's first-look deal with Universal. The launch of Bhi builds upon Blumhouse's international success. Six of the company's recent films grossed a combined $450 million foreign on combined budgets of under $25 million.
Said Blum, “We are excited to expand our company’s international presence as the success of our micro-budget films continues to grow across the world.”
Blumhouse already has four micro-budget wide-release movies scheduled to come out including its first film for Universal - The Purge
with Michael Bay
’s Platinum Dunes
which opens on June 7th, 2013, Insidious
Chapter 2, the sequel to Insidious
with FilmDistrict on September 13th, 2013, Paranormal Activity 5
for Paramount Pictures
on October 25th, 2013 and Ghosts for Lionsgate on January 10th, 2014.
Since its launch, Blumhouse has produced more than 30 feature films including the highly-profitable Paranormal Activity
all of which out grossed their budgets on opening weekend. In addition, Blumhouse has a first-look television deal with Lionsgate and is working on both scripted and non-scripted projects. Blumhouse produced Stranded
for SyFy, executive produced The River
for ABC and is also working on projects with HBO and MTV.Im Global
, a subsidiary of Anil Ambani’s Reliance Entertainment Group, is one of the film industry’s leading financing, sales and distribution companies with output deals in more than 100 countries and offices in Los Angeles, London, Mumbai and Mexico City. The company was founded by current CEO, Stuart Ford
, in 2007.