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.