Producer Jason Blum (The Purge, the Insidious movies, the Paranormal Activity franchise) has made efficiency the core principle behind his approach to making hit horror movies.
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The Business contributor John Horn interviews producer Jason Blum about his unique approach to making low budget horror films that hit big with audiences. Blum formed his business model off of his success with the first Paranormal Activity movie. Three years later he's built his company, Blumhouse, on the premise that efficient filmmaking on a budget with talented directors and high concept stories can score at the box office. His latest films are The Purge and Insidious: Chapter 2.
Kim Masters and John Horn of the Los Angeles Times discuss some of this week's top entertainment news stories.
- The richest man in China, Wang Jianlin, Chairman of Dalian Wanda Group, announces a massive, splashy new development project that will include sound stages for filmmaking, resort hotels, an amusement park and more. This after Wanda has bought AMC theaters in the US and invested millions of dollars in a new movie museum in LA.
- LA Mayor Eric Garcetti names Tom Sherak, former president of the Academy of Motion Picture Arts & Sciences, the Los Angeles Film Czar, whose job is to help stem runaway production out of state.