Los Angeles, Dec. 4 -- A new installment in the iconic 'Paranormal Activity' franchise is officially in development, with celebrated filmmaker James Wan joining the project as producer.
Known for creating modern horror hits like The Conjuring and Insidious, Wan will now help guide one of the most influential found-footage franchises of the 21st century, according to The Hollywood Reporter.
The revival follows the merger of Wan's Atomic Monster with Jason Blum's Blumhouse, the production banner behind the 2007 breakout hit. Paramount Pictures is on board as a partner to co-finance, co-produce, and distribute the film.
Oren Peli, the creator of the original micro-budget film, will also produce through Solana Films, alongside Blum, with the...