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'Paranormal Activity' Most Profitable Film Ever
Low budget plus scary story telling has proved itself again. Following in the footsteps of The Blair Witch Project, Paranormal Activity is now the highest grossing films ever with a 433,900 percent return on investment (the film cost $15,000 to make), according to The Wrap. Last weekend, its fifth in theatres, it was number one in the box office.
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Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
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