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				 "Paranormal Activity: The Ghost Dimension," which opened last 
				weekend just in time to entice the Halloween revelers, concludes 
				the tale that began in 2009 with Katie and Micah, a couple who 
				are stalked at home by a supernatural entity. 
				 
				"Paranormal Activity," a found-footage, or pseudo documentary 
				style, horror made for around $15,000 and acquired by Paramount 
				Pictures, revolutionized the horror movie genre after grossing 
				$193 million worldwide. 
				 
				Katie's possession by a demon named 'Toby' led to four more 
				films and a spin-off, and brought a slew of ghost-centric 
				micro-budget movies, replacing the gory fare that dominated 
				horror in the 2000s, such as "Saw" and Eli Roth's "Hostel." 
				 
				"Horror has been more supernatural than bloody, and I think that 
				had a lot to do with the 'Paranormal Activity,'" franchise 
				producer Jason Blum told Reuters in an interview. 
				
				  
				 
				 
				But as "Paranormal Activity" wraps up with "Ghost Dimension," 
				Blum believes horror may be taking a more psychological and 
				human turn. 
				 
				The producer suggested that his 2013 movie "The Purge," about a 
				society in which all crime is legal for 12 hours, may usher in 
				an era of psychological horror that humans can inflict on each 
				other. 
				 
				"The Purge" will see a third installment next year, while this 
				summer's "The Gift" and "The Visit," all produced by Blum, 
				served up real life fright. 
				 
				Horror has not quite given up the ghost yet, and neither has 
				Blum whose production company Blumhouse Productions leads the 
				way in making horror movies on tiny budgets that turn big 
				profits and use new distribution models. Since 2009's 
				"Paranormal Activity," Blum has produced more than 30 films in 
				the horror genre. 
				 
				Blum's found-footage horror "The Gallows" made for $100,000 has 
				grossed $23 million in North America since July. The producer 
				has numerous projects leading into next year that find scares in 
				the supernatural, such as "Ouija 2" and "Amityville: The 
				Awakening." 
				 
				"There's an appetite for more scary movies every year," Blum 
				said. "There's a real market for hardcore fans - not millions 
				but hundreds of thousands - and there's new distribution avenues 
				to get to them." 
			
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			Paramount will release "Ghost Dimension" on-demand just 17 days 
			after its release in movie theaters rather than the usual 3-6 
			months. 
			 
			Studios are flocking to work with Blum, as are veteran directors 
			experimenting with the micro-budget format. 
			 
			"He's succeeded so many times, (the studios) feel like he's seeing 
			things the audience will enjoy that they're not seeing," said M. 
			Night Shyamalan, whose summer release "The Visit" was made for $5 
			million and topped $63 million at the box office. 
  
			Roth's cannibal horror "The Green Inferno" capitalizes on the 
			appetite for human-inflicted horror, but the director said he had to 
			partner with Blum to get the film on U.S. screens. 
			 
			"I have a nose for doing something that's different, and that's 
			exactly what scares distributors," Roth said. The film has grossed 
			$7 million since its September release. 
			 
			And then there is "Creep," a stranger-danger horror by Mark Duplass 
			and Patrick Brice made for under $1 million and released with Blum's 
			help exclusively to Apple Inc's iTunes in July and Netflix three 
			weeks later. 
			
			  
			"It opens up a whole new audience for me of people who might not 
			have known who I was," said actor-filmmaker Duplass. "For guys like 
			me and Jason Blum, it's the game of trying to figure out ways of how 
			to get our audiences." 
			 
			(This version of the story corrects name of production company in 
			ninth paragraph) 
			 
			(Reporting by Piya Sinha-Roy; editing by Jill Serjeant and Diane 
			Craft) 
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