The film, which has been receiving stellar reviews, stars Sarah Thompson (7th Heaven), Matt Dallas (Kyle XY), Bill Moseley (The Devil's Rejects, Chainsaw Massacre films), Bruce Thomas (Legally Blonde), Kristen Dalton (The Departed) and Monty Bane (Sleepwalkers); it was co-directed by BSEG's Michael Manasseri and Jonas Barnes.

"We are thrilled to be working with Lionsgate, one of the largest and most successful film studios in the industry. We always felt that they were the perfect home for Babysitter Wanted," Kates said.

BSEG President David Zappone added, Babysitter Wanted is geared to be a franchise film and Lionsgate has had tremendous success with past endeavors in this area."

Lionsgate has distributed two of the most profitable horror franchises of recent years: Hostel 1 and 2 grossing $125 million worldwide; Saw 1, 2 and 3 grossing over $520 million worldwide