Thursday, January 17, 2013

LIONSGATE ADDS A NEW LOW BUDGET FEATURE FILM DIVISION

In recent years micro budgeted horror movies have ended up being some of the most successful of the genre (Paranormal Activity, Insidious, Sinister, etc.) so Lionsgate has just announced that they will be creating their own low budget feature film division. Paramount created their own similar division recently, labelled Paramount Insurge and found much immediate success with The Devil Inside. Although an absolute dud with critics and most viewers, the film was produced for 1 million and grossed over 100 million.

The yet to be titled division will be lead by producer John Sacchi (My Bloody Valentine, The Possession) and will produce horror and comedy movies with budgets under the 2.5 million mark.



Source: Variety

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