by Roy on 25 Oct 2009 | Comments Well, it looks like the Saw franchise’s reign of horror has lost a bit of its foothold in the late October box office. Micro-budgeted Paranormal Activity continued to steamroll the competition in theaters, finally taking the top spot in its fifth weekend of release with an estimated $22 million.

That brings Paranormal’s total to a hefty $62.5 million. To put that into perspective, that’s over 4000 times more than the $15,000 it cost to make. Ridiculous. Saw VI pulled in a not-disgusting $14.8 million in its 2nd place debut, but that’s less than half of what Saw V made in its bow last year in the same frame. Lionsgate execs probably paled visibly today after hearing that Paramount is considering a Paranormal Activity 2 (which, for the record, is probably about as good an idea as Blair Witch 2 was). As tired as I am of Jigsaw, I can at least see why the Saw formula works in a franchise. There’s a certain novelty to Paranormal Activity that I’m not sure can be captured in a sequel.

Meanwhile, Where the Wild Things Are, last week’s number 1, plummeted 56% to 3rd with a $14.4 million haul. It’s $54 million total is still well shy of its $100 million budget. Law Abiding Citizen dropped to 4th with $12.7 million, and Couples Retreat rounded out the top 5 with an $11.1 million weekend. Read»