Fourth “Paranormal Activity” On The Way

With “Paranormal Activity 3” raking in $202 million in worldwide box-office revenue from a budget of only $5 million, the only surprise is Paramount has taken this long to announce another chapter in the supernatural saga.

In a just issued press release, the studio has confirmed that a fourth film in the series is on the way but haven’t announced a specific date as yet. Due to the low budget and quick turnaround time, the previous sequels didn’t begin shooting until the Summer ahead of their October releases. No doubt the same pattern will be employed here.

The film joins a slightly quieter 2012 slate for the studio which includes “World War Z,” “G.I. Joe: Retaliation,” “The Dictator,” “Hansel and Gretel: Witch Hunters,” “A Thousand Words,” “My Mother’s Curse” and “Madagascar 3: Europe’s Most Wanted”.