Skip to main content

BOB MARLEY: ONE LOVE Featurette

Oren Peli's "Area 51" Headed To The Big Screen


Oren Peli's "Area 51" Headed To The Big Screen

Paramount Pictures has landed U.S. distribution rights to "Area 51," the Oren Peli-directed follow-up to the sleeper hit "Paranormal Activity."

Deal puts the studio back in business with the creative and financing team behind "Paranormal Activity," the $11,000 film that's grossed more than $106 million since Par began rolling it out in September. Peli had a much larger budget to work with on this extraterrestrial tale than he did for his ghost story, as sources said he brought the film in at a shade under $5 million.

As many as four other bidders wanted the pic, but Par Film Group prexy Adam Goodman had an inside track. He was instrumental in acquiring "Paranormal Activity" while at DreamWorks and was the hands-on exec at Paramount, which effectively executed the rollout as the film built word of mouth and became a breakout hit.

Goodman closed the deal with David Molner, chairman of Incentive Filmed Entertainment, Stuart Ford, CEO of IM Global, and CAA. Just as they did on "Paranormal Activity," Peli wrote and directed "Area 51" and Jason Blum is producing through his Blumhouse Prods. banner. Room 101's Steven Schneider, IM Global's Ford and Amir Zbeda are exec producers.

Pic, which completed principal photography three weeks ago, was fully financed by Incentive and the Aramid Entertainment Fund. Latter is a co-financing partner of Par's slate on films that include the "Transformers" films.

The film employs the "found footage" narrative structure that Peli used in "Paranormal Activity" to tell the story of three teens whose curiosity leads them to the notorious Area 51 portion of Nellis Air Force Base in the Nevada desert.

Fueled by the strong grosses of "Paranormal Activity," "Area 51" was one of the brisk sellers at the American Film Market. It has sold internationally almost everywhere except Japan and certain Eastern European markets, for which talks are ongoing. Key buyers include Momentum in the U.K., Concorde in Germany, Equilatero/Warners in Spain, Village Roadshow in Australia, Alliance in Canada, Playarte in Brazil, Gussi in Latin America, RCV in Benelux and Svensk in Scandinavia.

Please Leave A Comment-
Source-Variety

Comments

Popular posts from this blog

Enter For A Chance To Win Pass To See MARY QUEEN OF SCOTS In Austin

Enter For A Chance To Win Pass To See MARY QUEEN OF SCOTS on December 5th at 7:30 PM in Austin. MARY QUEEN OF SCOTS explores the turbulent life of Mary Stuart ( Saoirse Ronan ). Queen of France at 16 and widowed at 18, Mary defies pressure to remarry. Instead, she returns to her native Scotland to reclaim her rightful throne alongside her cousin Elizabeth I ( Margot Robbie ), who rules as England’s Queen. Rivals in power and in love, and female monarchs in a masculine world, the two must decide how to play the game of marriage versus independence. Determined to rule as much more than a figurehead, Mary asserts her claim to the English throne, threatening Elizabeth’s sovereignty. Betrayal, rebellion, and conspiracies within each court imperil both thrones – and change the course of history. CLICK HERE TO ENTER- #MaryQueenMovie www.focusfeatures.com/mary-queen-of-scots twitter.com/maryqueenmovie facebook.com/maryqueenmovie instagram.com/maryqueenmovie SEATING IS LIMITE...

Winona Ryder- An "Alienation" Expert?

Winona Ryder- An "Alienation" Expert? We're halfway checked out for the holiday weekend, so let's end with bit of comedy. A litigious videogame player is calling Winona Ryder to testify as an expert in "alienation." Erik Estavillo has filed a $1 million lawsuit in California Superior Court against Activision Blizzard, publisher of "World of Warcraft," saying it "maintain(s) a harmful virtual environment to many of its customers by forcing them to follow the game's sneaky and deceitful practices." The plaintiff says he suffers from several mental health problems brought on by WoW's "alienating" features, such as forcing beginners to walk or run to get from one point to another instead of speedier options available to those who master the game or buy an expansion pack. Estavillo says that the slow pace is "deceitful" because more time = more subscription revenue for Activision. Here's where Winona Ryder comes...

Sex Tape Review: Overly Sexual, Rude, Vulgar, and Absolutely Hilarious

The raunchy Sex Tape will divide audiences and critics, but who cares? Sex Tape suggests a growing practice among loving partners: that of making a raunchy testament of their escapades for posterity. But what happens when that evidence gets seen by friends, neighbors, and even the mailman? This is the plot that pits Jay (Jason Segel) and Annie (Cameron Diaz) in an effort to secure every iPad gift Jay has given, his record company playlists being the envy of the recipients, but which has also inadvertently spread the video to every device. The reason for the act - termed in the movie as pulling "the full Lincoln " for its three-hour length - stems from the couple's non-existent social life, brought on by the constant demands of their children. The couple has a lot to lose: a burgeoning business relationship between Annie and Hank (Rob Lowe) could end if the iPad she's given to Hank exposes the video, and so the couple sets out to reclaim and wipe the incrim...