EXCLUSIVE: Stefanie Scott is set to star in Insidious: Chapter 3, the third installment of Focus Features, eOne, Sony Pictures Worldwide Acquisitions, and Blumhouse Productions‘ hit horror franchise. Plot and character details are being kept under wraps. The threequel will be written and directed by Leigh Whannell (Saw, Insidious) in his helming debut. Scott is currently in production on Blumhouse’s live-action adaptation of ’80s cartoon Jem And The Holograms, making her the latest thesp to be cast in multiple Blumhouse pictures after In A Valley Of Violence stars Ethan Hawke, Karen Gillan, and James Ransone. The actress also starred recently on Disney’s high school sitcom A.N.T. Farm and appeared in features Flipped and No Strings Attached.
Focus Features took U.S. rights to Insidious: Chapter 3 from FilmDistrict when Peter Schlessel took the reins last October. The company has set an April 3, 2015 release. eOne is handling distribution in Canada, the U.K., and Spain while Sony has the remainder of international territories. The first Insidious pic scored $97M on a $1.5M budget, directed by Wan and written by Whannell. Sequel Insidious: Chapter 2 continued the demonic saga with Wan directing again from a Whannell script and notched $160M worldwide. Read More »
Insidiousand Insidious: Chapter 2 screenwriter Leigh Whannell will return to pen a third installment of the hit horror franchise for Blumhouse Productions, Entertainment One, FilmDistrict, and Sony Pictures Worldwide Acquisitions. Conspicuously absent from today’s threequel announcement is Whannell’s longtime collaborator James Wan, who helmed both Insidious pics including last weekend’s record-breaking $41M opener sequel. Wan just began filming on Universal’s Fast & Furious 7, graduating to the big budgeted blockbuster after directing genre fare including the original Saw, Death Sentence, the microbudgeted Insidious franchise, and this year’s #1 horror opener The Conjuring. Jason Blum will produce the third Insidious pic for Blumhouse Productions with Oren Peli (Paranormal Activity). Steven Schneider, Brian Kavanaugh Jones, Peter Schlessel, Lia Buman and Xavier Marchand are executive producing. Patrick Wilson, Rose Byrne, Lin Shaye, Ty Simpkins, and Barbara Hershey reprised their roles in Insidious: Chapter 2 which continued the saga of the haunted Lambert family and left the door open for further supernatural sequels. Whannell is repped by Paradigm.
FilmDistrict scored a $97M hit on a reported $1.5M budget with 2011′s indie ghost pic Insidious, helmed by Saw creator James Wan. Before Wan steps up to the Fast & Furious franchise he’ll return along with microbudget horror producers Jason Blum and Oren Peli and stars Patrick Wilson, Rose Byrne, Lin Shaye, Barbara Hershey and Ty Simpkins for Insidious: Chapter 2. FilmDistrict releases the sequel September 13. Check out the new trailer:
EXCLUSIVE: Jason Blum will bring the studio into the low-budget but often high-gross world of genre films. Universal Pictures has made a 3-year first-look deal with Blum and his Blumhouse Productions which produced the Paranormal Activity franchise, and followed that up with Insidious, the James Wan-directed thriller that has already become one of the most profitable films of 2011. A sequel seems inevitable.
The original Paranormal Activity cost about $15,000 and grossed $193 million. The first sequel cost $3 million and grossed $177 million worldwide and the third film debuts Oct. 21. Insidious cost $1.5 million and grossed $81 million worldwide and is still rolling out. This guy is minting money. He’s producing the latest installment of the fright franchise Amityville Horror: The Lost Tapes for Dimension Films, produced the Barry Levinson-directed eco-horror film The Bay, The River for ABC and the Jay Chandresakar-directed comedy Baby Makers. He is producing the Oren Peli-directed Area 51 for Paramount Pictures, as well as The Lords of Salem, with Rob Zombie directing. Blum’s also an exec producer on the John Hillcoat-directed The Wettest County in the World. This amounts to an aggressive move into the low-budget area for Universal, which, if anything, is known for spending generously on its slates. Read More »
Don’t be fooled by the headlines this summer that likely will focus on how strong movie ticket sales look compared to last year. Researchers at SNL Kagan predict that domestic box office for the period from late April to the end of August will be up 1.7% to about $4.2 billion. Not bad – especially considering that this year’s figure counts 42 releases vs. 45 last year — right? Not so fast. When Kagan looks at all sources of income including international sales, home video, and TV, it estimates that this year’s crop will generate $4.45 billion in profits on $12.3 billion in revenues. That’s down slightly from last year’s $4.49 billion in profit on revenues of nearly $13 billion. The forecast follows Kagan’s estimate that only 2 out of 16 releases in April clearly will be profitable: Fox’s Rio and Universal’s Fast Five. Three others could be profitable for distributors, depending on the terms of their deals with exhibitors: Universal’s Hop, FilmDistrict’s Insidious, and Summit Entertainment’s Source Code.
While the studios sort through their finances, theater chains will enjoy any uptick in summer sales. Box office revenues in the first quarter for the four biggest publicly traded chains – Carmike, Cinemark, Reading International, and Regal – dropped 17.2% vs the same period last year to about $803 million. Their concession sales were down 12.6% to about $337 million, although sales per customer rose 3.2% to $2.97.
Upstart distributor FilmDistrict has issued a new trailer for Insidious, the horror film by original Saw writer-director team of James Wan and Leigh Whannell, produced by Paranormal Activity’s Oren Peli, Jason Blum and Steven Schneider. The film, which looks like a good old fashioned haunted house movie, opens April 1.
FilmDistrict finalized a distribution deal for Insidious, the horror film by original Saw writer/director James Wan and Leigh Whannell, and produced by Paranormal Activity architects Oren Peli, Jason Blum and Steven Schneider. The deal was long-rumored. FilmDistrict was started by Bob Berney and Peter Schlessel started with funding from Graham King and Tim Headington to generate product that can play on 1500 to upwards of 2500 screens. Insidious will come in at 2500 screens in its April 1 release. Patrick Wilson, Rose Byrne, Barbara Hershey, Lin Shaye, Angus Sampson and Whannell star in a thriller about a family that moves into a house they discover is haunted. After their son lapses into a coma, they try to escape and save him. After they move, they discover spirits too can pack their bags and move out. The picture, financed by Alliance and sold offshore by IM Global, made its debut at the Toronto International Film Festival. “With Insidious, James and Leigh are redefining the haunted house genre,” Schlessel said in a statement. “By taking well-known horror movie conventions and elevating them to the next level, they’ve created a film that is fun, suspenseful and very very scary.” Brian Kavanaugh-Jones is exec producer. Here’s a scene from the movie:
EXCLUSIVE FROM TORONTO: The Toronto deal logjam seems to be breaking. Sony Pictures Worldwide Acquisitions Group is closing a deal for North American distribution rights to Insidious, the James Wan-directed thriller that premiered in the Midnight Madness program Tuesday. Leigh Whannell wrote the script. I’m told it is a 7-figure deal that is still being finalized after a marathon bargaining session following the screening. The film is a modern take on the haunted house chiller genre. It’s guaranteed a theatrical release, with a level to be determined. Wan and Whannell created the Saw franchise, with Wan directing and Whannell scripting the first pic in that series. Patrick Wilson and Rose Byrne play a married couple with three kids. When tragedy strikes the youngest, begin to experience things science can’t explain. Barbara Hershey and Lin Shaye also star. Pic’s produced by Jason Blum, Steven Schneider and Paranormal Activity helmer Oren Peli Stuart Ford’s IM Global has foreign on the picture and has sold out the world. CAA and Paradigm repped it.