Jason Blum and Team Set Out To Replicate Success

Variety details Hollywood Hill Member and Paranormal Activity Producer Jason Blum newly inked deal with Canadian Distributor Alliance Films to finance and produce low-budget genre pics.

Last fall, Blum, Peli and Schneider made box office history with "Paranormal Activity." Film was directed by Peli and produced by Blum for under $15,000.

"Paranormal" grossed $107.9 million domestically and north of $70 million overseas for a worldwide total of nearly $178 million to date. Film's strong international showing helped to further chip away the perception that horror doesn't travel well beyond the U.S. "Paranormal" has yet to be released in Japan and Italy.

Jason has been a tremendous supporter and friend of The Hollywood Hill for years now and we couldn't agree more with Alliance's prexy Charles Layton in describing Jason's success...

"I've known Jason for many years now. While 'Paranormal' may have been an industry surprise, his success is not a surprise at all. We're very pleased to be working with Oren, Steven and Jason now and for the long term."