[Edit from Octopunk: I think we all need to hop on the discussion that started in the comments today, so I moved this back to the top]
From worstpreviews, After the success of "Paranormal Activity," Paramount Picturesannounced that it will create a new production company that will create ten low-budget theatrical releases per year, each with $100,000 budget.
Paramount announced: "We want to find and distribute crazy, unpredictable, and hopefully awesome movies - movies that make you want to line up to see at your local theater with all your friends (and us). Movies that a big studio would never release because they're too risky, too silly, and they don't star Sandra Bullock."
The name of the new company is Insurge Pictures. It already has a domain name (insurgepictures.com, but no website yet. Stay tuned as the studio begins to reveal the projects it will take on.
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