It's a scary time in Hollywood. But the horror studio behind hits like 'Halloween Ends' is making a killing | CNN Business

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The streaming revolution has transformed the entertainment industry and studios are trying to keep up. But one company that doesn’t seem too frightened of the future is best known for scaring others: Blumhouse Productions.

It’s a scary time in Hollywood. You may not have heard of Blumhouse, but you’ve likely heard of its scary movies. The studio has produced over 70 films that have racked up more than $5 billion at the worldwide box office. That includes hits like “Get Out,” “The Black Phone,” “The Purge,” “Paranormal Activity,” and the rebooted “Halloween” trilogy. “Halloween Ends,” the trilogy’s final film, hits theaters and streaming this weekend.

Then they’re finished and I join with the forces of Hollywood to get them out into the world.” Mixing worlds together is also at play for Blumhouse when it comes to releasing films. Many studios are struggling with the question of movies to put in theaters and which to put on streaming. But Abhijay Prakash, the company’s president, rejects “the notion that it’s theatrical versus streaming.

 

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Of course Blumhouse is proud as punch. They make movies that only cost about 12 dollars to do & then collect a fortune off of it.

blumhouse does it right from a business perspective for sure. keeping the production budget at only 20M for halloween ends and most of their other movies means they always make money and the big ones make BANK. that’s why it doesn’t even matter to put it on peacock day 1

Of course they're not scared. That studio makes movies that cost twelve dollars to make then make a buttload of money.

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