Paramount Ponders ‘Paranormal Activity’ Sequel

‘We have the rights and want to see if ‘Paranormal Activity 2’ makes sense.’

Last Updated: October 26, 2009 @ 7:27 AM

Can lightning strike twice? Paramount Pictures is hoping so, as the studio is actively considering producing a sequel to "Paranormal Activity," the out-of-the-blue horror flick that cost $15,000 to produce and has sold $62.5 million worth of tickets so far domestically.

"We have the rights on a worldwide basis to do ‘Paranormal 2’ and we’re looking to see if that makes some sense," Paramount Chairman Brad Grey said in an interview today.

Read more at the Los Angeles Times.