Wednesday, April 18, 2012

Research into media institutions
Jason Blum opened Blumhouse Productions in 2000. Since opening his own company, he has produced six feature films that demonstrate his unique taste and creative sensibilities. In 2011, Universal Pictures signed the prolific produced to a three-year first-look deal. Per deadline Blum and his production team have scored big in the horror realm with the original Paranormal Activity, which cost about £15,000 and grossed £193 million. Insidious cost $1.5 million and grossed £81 million worldwide and is still rolling out. Paranormal activity is a supernatural horror film, which is set in a house where ‘paranormal’ activities happen. This is similar to my product because it is using a real life situation in a house. Paranormal activity was created through Blumhouse Pictures and distributed by Paramount Pictures and DreamWorks pictures. Its budget was $15,000 and it made a box office profit of $193,355,800. Paranormal activity continued to grow and paranormal activity 2 and 3 have been distributed and consumed by millions of people worldwide. Paranormal activity 3 was created and distributed through the same institutions; however the budget this time was $5 million. This resulted in a box office profit of $205,703,818 and the story is still left unfinished leaving millions of people waiting to watch the next one.



Twisted pictures is an American independent production company which focuses on the creating mainly horror films. Evolution Entertainment’s Mark Burg, Oren Koules and Gregg Hoffman founded the company in 2004. Twisted pictures formed after the box office success of Saw in 2004, which lead to a nine-picture distribution deal with Lionsgate. The company went on to produce six additional sequels in the Saw film series.

James Wan created a film called Saw in 2004, which developed into 2010. Saw was created in Twisted Pictures studio and distributed by Lionsgate. Saw is an independent horror film, which involves two men, chained in a dilapidated subterranean bathroom and they are each given instructions via a microcassette recorder on how to escape. The first Saw film had a budget of $1-1.2 million, which made a gross profit of £103 million. Saw continued to develop through 6 additional films, which left audiences from all around the world wondering what will happen next. The final Saw film was Saw 7 -The Final Chapter, which was distributed in 2010. It was created and distributed with the same institutions. This time though, the budget was $17 million resulting with a box office profit worldwide of $136.1 million.

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