After its one month climb to the top of the box office, culminating in its first weekend at #1 with $22 million, Oren Peli's Paranormal Activity is clearly a box office phenomenon, a point driven home by the subsequent failure of Saw VI to replicate the success of the previous five installments of the successful horror franchise. The Lionsgate mainstay opened in second place this weekend with $14.8 million, less than half the opening of the previous four movies.
Not surprisingly, the L.A. Times is now reporting that Paramount already owns the worldwide rights to make a sequel to the surprise hit, and the company's chairman Brad Grey tells them that they're "looking to see if that makes some sense."
The article, which you can read here , is a good recap of the...
