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Paranormal continued its preternatural rise. Made for $11,000, bought by Paramount Pictures for just $300,000 and marketed for less than $10 million, Oren Peli's subtle scare-athon earned $22 million to become a winner in its fifth week of gradually widening release. It has now earned $62.5 million and could hit $100 million. What's next? The Inevitable. According to today's Los Angeles Times, Paramount is "actively considering producing a sequel...

Author: /time Magazine | Title: Box-Office Bloodbath: Paranormal Slays Saw VI | 10/26/2009 | See Source »

...weekend than what either of Jonze's previous two features, Being John Malkovich and Adaptation, earned in their entire runs. (Mind you, Wild Things cost a lot more: at least $80 million.) Law Abiding Citizen had the highest per-screen average of any film directed by F. Gary Gray. Oren Peli is a first-time auteur, but since he made Paranormal Activity in 2006 for a laughably low $11,000, he could boast that his movie made back more than twice its budget in each theater that showed it. Peli's homegrown horror movie also made the other new fright...

Author: /time Magazine | Title: Box-Office Weekend: A Winner with Wild Things | 10/18/2009 | See Source »

Then there are movies that people simply have to see. Paranormal Activity, made three years ago for a no-budget $11,000 - yes, thousand - is the new overnight sensation. Opening two weeks ago at midnight shows in 16 college towns, Oren Peli's haunted-house thriller expanded on Friday to full playdates at 159 venues and scared up a phenomenal $7.1 million. That's $44,475 per screen, making this the highest-ever average for a medium-size release. Paramount Pictures' clever viral media campaign helped, but credit the movie's breakout status to old-fashioned word of mouth...

Author: /time Magazine | Title: Box-Office Weekend: Couples Fills a Vacuum | 10/11/2009 | See Source »

...need gore effects to be scared witless. Yes, they knew it was only a movie - one that, like The Blair Witch Project and Cloverfield and plenty others before it, used "found footage" to give a patina of realism to the fanciful events that were dreamed up by writer-director Oren Peli and are endured by actors Micah Sloat and Katie Featherston (using their real names). But when that door moved, the crowd's collective gasp just about sucked all the oxygen out of the theater. (See the top 25 horror movies of all time...

Author: /time Magazine | Title: Paranormal Activity: A Horror Phenomenon | 10/10/2009 | See Source »

...payment and trigger a penalty rate, so we give those fees little to no weight as we're deciding which card to sign up for - even though they eventually make a big difference in what we pay. "We don't tend to take into account future costs," says Oren Bar-Gill, a law professor at New York University who has studied credit-card contracts and customer behavior. "Consumers don't really know how much they're paying for their credit card." (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The Real Problem with Credit Cards: The Cardholders | 5/12/2009 | See Source »

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