Jason Blum Explains Why Blumhouse Is Veering Toward Higher Budgets

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Jason Blum Explains Why Blumhouse Is Veering Toward Higher Budgets
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The Big Picture Blumhouse is well known for producing low-budget horror movies that pop at the box office. They're still very much in the low budget filmmaking game, especially compared to the many studio releases with astronomical budgets, but in recent years, there has been an uptick in the amount they spend on their theatrically released films. Back in the early days, they spent a reported $1.5 million on Insidious and a mere $3 million on Sinister.

Imaginary A woman returns to her childhood home to discover that the imaginary friend she left behind is very real and unhappy that she abandoned him. Just because I'm curious now, do you see a future where the lower-budget horror movies do have potential in this industry, or has that time kind of come and gone?

JEFF WADLOW: Chauncey was gonna be a stuffed bear pretty much from jump street. I wanted to make a movie about an imaginary friend. I signed a first look deal with Jason, and so I was starting to talk to other writers, seeing if they wanted to collaborate with me, and Greg Erb is an old friend of mine and his writing partner, Jason Oremland, came in and they wanted to make an evil teddy bear movie.

'Imaginary' Director Established One Very Important Rule for Chauncey Bear One more Chauncey question for you because I tend to get a little obsessed with movie bibles and lore and rules so I was wondering, did you whip up a Chauncey bible or set of rules, and if so, what would you say are the top rules that stuck with you in terms of how Chauncey operates and also what his limitations...

BLUM: Friday the 13th is what I would pick. It's not a Blumhouse project, but I'm trying to will it into being one. It's just a piece of IP I've always loved. And James Wan and Atomic Monster are very passionate about it, and I think we would have them shepherd it for us. That would be a lot of fun.

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