A small but growing buzz about what is said to be the next great horror film has been floating around hard-core horror fan sites on the Internet. Due to an overwhelmingly terrified audience that was lucky enough to get a sneak peek at this brand new horror film at festivals across the US, news has spread that “Paranormal Activity” will be this generation’s “Exorcist”.

Dreamworks quickly picked up first time directorOren Peli’s film Paranormal Activity in 2007 for distribution on DVD. Dreamworks also acquired the remake rights to the film with plans to re-shoot the movie and deliver it to a theater near you.

The film is a paranormal suspense horror shot to look like real footage. This is not quite like your “Blair Witch Project” with three kids running around with supposed real documentary footage, this is more like something you would see on Youtube, or on one of those paranormal TV shows like “Ghost Adventures”.

Read complete article here. {via The Examiner}