Given PARANORMAL ACTIVITY's rampant success at the box office this weekend, it should come as no surprise that Paramount is already discussing a sequel.  According to Filmshaft, studio president Brad Grey stated, "We have the rights on a worldwide basis to do PARANORMAL 2 and we're looking to see if that makes some sense." 

Given the film's $22 million weekend and the fact that it outgrossed SAW VI on that film's opening weekend by $8 million, a sequel would seem like a given.  But Filmshaft wisely points out the BLAIR WITCH 2 debacle, and questiions whether a sequel will cheapen the original, with the franchise feel.

Read Filmshaft's full article here.

--Phil Fasso