Paramount has hired writers Jason Pagan and Andrew Stark to pen the upcoming horror sequel Paranormal Activity 5.

Plot details are being held under wraps. The studio also has a Latino themed rendition of the storyline, which is directed by Christopher Landon. That project was written by Nathan Amondson and is scheduled to hit theaters January 3rd, 2014.

Jason Pagan and Andrew Stark wrote the script for Dean Israelite's upcoming found footage film Almanac, which will come to the big screen February 28th, 2014. They will also be penning Raindrop for Paramount, which is also describe to be in the handheld camera genre. Both project are being produced by Michael Bay.

Related: Nerd Alert: Back to the Future Honest Trailer & Every Darth Vader Kill

Jason Blum and Oren Peli will be producing this fifth installment in the franchise. No production details have been released.