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RE: LeoThread 2024-10-22 21:22

in LeoFinance3 months ago

Expansion and Diversification (2008-2010)

Following the success of "Paranormal Activity," Blumhouse expanded its operations and began producing more films. In 2008, they released "The Last Exorcism," a found-footage horror film that was made on a budget of just $1.5 million and grossed over $33 million at the domestic box office.

In 2009, they released "Insidious," a horror film that was made on a budget of just $1.5 million and grossed over $97 million worldwide. These films demonstrated Blumhouse's ability to produce low-budget, high-concept horror films that could be marketed and distributed in a way that made them seem like bigger, more expensive films.