Bloody Disgusting is reporting that Paramount Pictures has locked in October 21, 2011 as the release date for Paranormal Activity 3.
The original Paranormal Activity’s director Oren Peli is on board to executive produce what could become an annual Halloween horror fixture much like Lionsgate’s Saw franchise. Lionsgate still has to decide whether to continue Saw after saying the last one was truly the last. It’s inflated box office business due to 3D might spur another. They’ve already lost the race to snag the best pre-Halloween release date.
Paranormal Activity 2 has raked in $156 million in worldwide box office business thus far. The third entry would likely be profitable even if it only did a tenth of that business.
