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Silver scream: One horror media company has made a killing

Silver scream: One horror media company has made a killing

Freddy, set, go

‍**Five Nights at Freddy’s** (FNAF) — the movie adaptation of the petrifying pizzeria-based survival video game series — has grossed $78 million in its opening weekend, the 3rd-largest domestic horror opening of all time and the biggest ever Halloween weekend debut.

Although the original game was released in 2014, selling over 2 million units and launching a franchise of FNAF games, the long-awaited movie has taken over a decade to produce. Following a slew of distributor and script disputes, Blumhouse Productions — the hotshot horror-specialist behind Paranormal Activity, Get Out, and Insidious, to name a few — ultimately acquired the movie rights in 2017.

In Blum

The hit may come as a surprise to critics, who weren't exactly glowing in their reviews, but it's become yet another notch in Blumhouse’s blockbuster belt.

Indeed, Blumhouse has once again reaffirmed the profitability of the shock market: of the 90+ horror movies it has had a hand in producing since the 2000s, its top 20 have grossed nearly $1.8 billion at the US box office alone… a stellar return no matter how conservatively you estimate their take of the proceeds, considering the 20 movies cost just $165 million combined to produce.

On the whole, horror movies are renowned for their low-risk, high-reward appeal — the genre dominates rankings of the most profitable movies of all time, with Blumhouse’s own Paranormal Activity topping the list with a spine-tingling $108 million domestic gross from a $15,000budget. FNAF’s impact is especially impressive when you consider that it was simultaneously released on streaming… proving that modern audiences may still forgo Netflix for chills.

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Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

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