With the unbridled success of this fall’s Paranormal Activity, it seemed a sure thing that director Oren Peli’s next project would be an instant pickup for the studio, and that theory has proven to be true. According to Variety, Paramount recently bought the distribution rights for Peli’s Area 51, which reportedly again utilizes Paranormal Activity’s “handicam” style of shooting. According to the trade:
“51, which completed principal photography three weeks ago, was fully financed by Incentive and the Aramid Entertainment Fund. Latter is a co-financing partner of Par’s slate on films that include the ‘Transformers’ films.
The film employs the ‘found footage’ narrative structure that Peli used in ‘Paranormal Activity’ to tell the story of three teens whose curiosity leads them to the notorious Area 51 portion of Nellis Air Force Base in the Nevada desert.”
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