Paranormal Activity’s International Sales Company, IM Global, Rolls Out Theatrical Arm

The unprecedented success of Paranormal Activity has been beneficial for many people, but one could argue that IM Global is reaping the most rewards. Hot off the success of Oren Peli’s haunting flick, IM Global Home Entertainment has been forged to focus on lower budgeted theatrical fare.

Screen Daily reports that they’re kicking things off with Brad Anderson’s genre flick The Vanishing On 7th Street starring Hayden Christensen, Thandie Newton, and John Leguizamo. Story details are under wraps, but we know its premise concerns the ensuing horrors following a mysterious blackout.

IM Global will be fielding offers from buyers at AFM this week on Oren Peli’s Paranormal Activity follow-up, Area 51, which is expected to close a North American deal imminently. Paranormal Activity has grossed more than $85M in North America.

- MattFini