Producer Jason Blum (PARANORMAL ACTIVITY) is sticking to the low-budget, high-yield playbook with the production of yet another found footage thriller. Currently untitled, the flick will be directed by Scott Derrickson (THE EXORCISM OF EMILY ROSE) and will star none other than Ethan Hawke.
From Deadline, word is the sub-$5 million flick will shoot this September after Summit Entertainment won U.S. distribution rights in an auction.
Scripted by Derrickson and C. Robert Cargill, Hawke plays a journalist who travels with his family around the country to investigate gruesome murders he turns into books. After he moves his family into a house where another family was murdered, the journo discovers found footage that unveils horrifying clues beyond what caused the original tragedy.
I like it. And with a relatively well known, solid actor like Hawke, additional talent of his caliber may want to get onboard. This could be far more than a cheap throwaway thriller.
Of course, when I say cheap, I don’t necessarily mean monetarily. Blum has a knack for turning low-funded indie pics and cashing them into gold bars (INSIDIOUS, PARANORMAL 1 & 2). Until this paradigm fails, Blum is wise to keep rerunning it.