'Paranormal Activity 4' Tops Box Office, Studio Gears Up for Fifth Film


Kathryn Newton


Following the box office victory, Paramount Pictures confirms 'Paranormal Activity 5' will hit theaters in October 2013 with a spinoff set to open earlier next year.

"Paranormal Activity 4" storms North American box office this weekend, replacing defending champion "Taken 2". The latest chapter in the found-footage horror franchise takes in $29 million in its first three days.

The result, however, falls 43% from its predecessor "Paranormal Activity 3" which broke record for a horror film by opening to $52.6 million last year. Despite the significant drop, Paramount Pictures still plans to develop another installment in the franchise.

Breaking the sequel news along with the film's box office result this weekend is Paramount's president of domestic marketing and distribution Megan Colligan. She tells The Hollywood Reporter that "Paranormal Activity 5" will be released Stateside in October 2013.

Confirming previous rumor of an alleged spinoff for the horror film franchise, Colligan also states that the spinoff is indeed in the works. It will hit cinemas earlier next year and it is targeted to Hispanics. Teased at the end of "PA 4", the spinoff will begin filming in early 2013 and it will be predominately presented in English.

Back to box office report, Ben Affleck's "Argo" and *Adam Sandler's "Hotel Transylvania" place second and third with an estimated $16.4 million and $13 million respectively. Former champion "Taken 2", meanwhile, drops to the fourth place with $13.2 million.

Rounding up the top five is newcomer "Alex Cross" which performs below Summit Entertainment's expectation. Despite receiving a glowing "A" CinemaScore, the Tyler Perry-starring actioner only bags $11.3 million. The novel-adapted pic performs soft outside African-American audience, which make up 74% of the ticketbuyers, though it was actually targeted to the whole fans of James Patterson's bestselling books.

Top Ten Movies at Box Office for October 19-21:

  1. "Paranormal Activity 4" - $29 million
  2. "Argo" - $16.6 million
  3. *"Taken 2" - $13.2 million
  4. *"Hotel Transylvania" - $13 million
  5. "Alex Cross" - $11.3 million
  6. "Sinister" - $8.8 million
  7. "Here Comes the Boom" - $8.4 million
  8. "Pitch Perfect" - $6.7 million
  9. "Frankenweenie" - $4.3 million
  10. "Looper" - $4.2 million
*UPDATE (October 23, 2012 01:14 A.M. GMT): When the final figures came out on Monday, October 22, "Hotel Transylvania" dropped another slot to the fourth. Hence, it swapped place with "Taken 2", which now secured the third position on the chart.

Teaser for "Paranormal Activity" Hispanic Spinoff:


© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Ryan Gosling and Eva Mendes Spotted on Rare Outing With Their Kids
  2. Does Sebastian Stan Tease His Return as Winter Soldier in 'Avengers: Infinity War'?
  3. Angelina Jolie Is Ready to Move Into New $25M Mansion After Brad Pitt Split
  4. Mariah Carey Flashes Skimpy Thong at Dinner With Twins Moroccan and Monroe
  5. Avril Lavigne Is NOT Dead and Replaced by a Clone, New Album Is on the Way
  6. George Clooney and Amal Are Hiding Out to Prepare for Her Labor
  7. Sasheer Zamata Quits 'SNL' After Four Seasons
  8. Russell Wilson Calls Himself 'Papa' in Sweet Birthday Message for Ciara's Son Future Jr.
  9. 'Mamma Mia!' Sequel 'Here We Go Again!' Is in the Works
  10. Billy Crudup Drops Out of 'The Flash' Movie

CELEBS PHOTO