BLOODY-DISGUSTING.COM Your best source for the latest horror news, reviews, interviews, and more... DreamWorks to Remake 'Paranormal Activity' http://www.bloody-disgusting.com/news/11018 Print This Page Last week the Slamdance Film Festival came and went leaving behind a number of great films, one of them being Oren Peli's Paranormal Activity (review). The film follows a couple who move into a new house, which turns out to be haunted. It was shot "Blair Witch" style, which has become a new trend in todays filmmaking. Today it was announced that DreamWorks acquired the film with the rights to remake. Read on for the skinny. When Oren Peli made his supernatural thriller "Paranormal Activity," the first-time filmmaker had no money, no time and a crew of three. Next time around, the video game designer will have a lot more resources at his disposal: DreamWorks intends to remake the movie, with Peli back in the director's chair, according to the LA Times. The studio made the deal following "Paranormal Activity's" screenings at the Slamdance Film Festival in Utah. Another company, IM Global, will broker the release of Peli's original film overseas. "It's the best of both worlds," said Jason Blum, who shepherded the film through Slamdance and will produce the remake. "We get to see how the original will do and we get to remake it ourselves." Peli's low-budget original movie will be released on DVD along with the remake, after the remake is released theatrically. There is no planned schedule for the remake's production, and no new script yet. "It's definitely very exciting -- I am still digesting it," Peli said Wednesday. "Now we can try to do some things that were not possible before." Source: http://theenvelope.latimes.com/env-et-slamdance31jan31,0,1892266.story