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Paramount Sets Release Date for 'Paranormal Activity 5'

Paramount Sets Release Date for 'Paranormal Activity 5'Paramount Sets Release Date for 'Paranormal Activity 5'

Paramount Pictures has set Oct. 15, 2013, as the release date for the next Paranormal Activity movie, the fifth installment in the popular found-footage horror series.

Jason Blum will once again produce.

While Paranormal Activity 4, which was released Oct. 19, is the lowest-grossing movie of the series, both domestically and internationally, the film still grossed $53.4 million domestically and $134.4 million worldwide while costing $5 million to produce.

A spinoff of the franchise, geared toward the Hispanic audience, is also in the works.