New Line has picked up Jason Blum’s (pictured) latest horror flick, Superstition. This marks New Line’s first acquisition in eight years. The high school set horror film is also the first movie financed by Film 360. Read on for more details.
According to The Hollywood Reporter, New Line has made its first acquisition in eight years by acquiring worldwide rights to the Blumhouse Prods. and Film 360 film Superstition.
The high school-set horror movie also marks the first feature-length film financed by Film 360, the film production arm of Management 360.
The project appeared on Management 360’s radar when first-time directors Chris Lofing and Travis Cluff posted rough footage from Superstition on YouTube, where manager Dean Schnider stumbled upon it. Impressed with the story and execution, Film 360 took the project to microbudget maestro Jason Blum as something they could team up on to finance. The Fresno-based directors then shot the film on a microbudget with an unknown cast.
“Superstition was special because it gives us the opportunity to work with these young filmmakers who could be the next James Wan and to be in business with Jason.”
New Line is planning a 2016 release for Superstition.
Film 360’s Schnider, Guymon Casady and Ben Forkner are producing Superstition alongside Blum, while Blumhouse’s Couper Samuelson is executive producing.
Source: The Hollywood Reporter
