TheAsylum

I love Paranormal Activity. It's one of my favorite horror films (for a variety of reasons), yet its absolutely insane success has proven to be a double-edged sword for horror fans. On the one hand, it gives a level of legitimacy not often seen within the horror genre outside of the throngs of fans who live for it. Conversely, it gives The Asylum an opportunity to make another movie.

In the wake of the film Walking Distance changing its name to Experimental Activity, which much like the very existence of The Asylum is nothing more than a shameless attempt to capitalize on the success of others, it would seem the company behind stellar films such as The Day the Earth Stopped and Transmorphers (which may or may not be better than the film it's emulating) has decided to make their own adaptation of Oren Peli's smash hit, known simply as Paranormal Entity.

Those wonderful folks over at Quiet Earth even got a look at the poster and revealed a brief synopsis for the "mockbustermentary" (my word, not theirs):

"Actual found videotape footage of the 2008 "murders" of the Finley family."

Short and sweet. The film will pollute video stores on December 29th of this year.