The film cost $16,000 to make and has pulled in $62.5 at the U.S. box office. Here is what Paramount Chairman Brad Grey had to say:
"We have the rights on a worldwide basis to do Paranormal 2 and we're looking to see if that makes some sense."
Paramount bought the movie for $300,000 and spent less than $10 million on marketing. The film is looking like it will make more than $100 million in the U.S. alone. This would make Paranormal Activity the most profitable film for the studio since Grey came on board in 2005 and maybe the studio's history.
Another reason why the studio could make a sequel is because it has worldwide rights to the sequel. Having those overseas rights could make the project even more profitable.
Paranormal Activity opens in foreign countries Friday.