The PARANORMAL ACTIVITY cash cow will almost certainty be ran into the ground by Paramount pictures and honestly, who can blame them? They are inexpensive films to make and regardless of your thoughts, rather you're a fan or not, butts are in the seats in droves when the films hit theaters in that lucrative October time-slot...

Follow up:

With Lionsgate's SAW franchise seemingly over the third and we're almost certain not the last film in the PARANORMAL ACTIVITY franchise is scheduled for a October 21st release date later this year. Details are scarce as of this writing but today according to our friends at Bloody-Disgusting, a screen-writer has been hired. Christopher B. Landon has been hired to pen the screenplay for the third film and many of you will be semi familiar with his work. Landon wrote the 2007 teen werewolf romance BLOOD AND CHOCOLATE and was the scribe on DJ Caruso thriller DISTURBIA .

We expect that this film will involve some of the family's history from the first two films but again details are very sketchy and rumors about how the film will be shot is very limited at this point. You can only "handy" cam and "security tape" a movie so many times. With this many details still in the works it will be interesting to see where the story goes but expect it to pick up quickly as Paramount has a golden egg and they are not afraid to crack it open and bleed it dry.

Source: B-D