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Micro-Budget Is the New Blockbuster: More “Found Footage” Movies on the Way

Posted by About.com Horror & Suspense on March 7, 2012

The Devil Inside
© Paramount

In an era in which Hollywood movie budgets have risen exponentially, the recent success of low-cost “found footage” films like Paranormal Activity, The Last Exorcism and The Devil Inside (triggering, in turn, non-horror flicks like Chronicle and Project X) have made low-tech, micro-budget fare the hottest ticket in town. The lure of these low-cost, high-reward projects is so strong that it can even bring abandoned movies back from the dead.

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