The reports obviously keep on coming in about the continuing box office success of two popular movies, the super-low-budget Paranormal Activity and Michael Jackson’s This Is It. However, it’s come to a point to take note of the milestones achieved by each film: Paranormal Activity has crossed the $100 million mark domestically, and This Is It has made $200 million worldwide.

Paranormal Activity

We’ll start off with Oren Peli’s low-budget supernatural horror-thriller, which has been touted (including by our own Kofi Outlaw) as a genuinely creepy film (or totally hated on for being “lame”). It opened in U.S. theaters on October 16th (after many very limited screenings that got some serious word-of-mouth going) and the last time we reported on its money-making success, it had reached the $87 million mark.

However, in an official press release ...

Click to continue reading Box Office Bankers: ‘Paranormal Activity’ & ‘This Is It’

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