Deadline scooped last month that a fifth installment in Paramount’s horror franchise would happen, and now the studio has set an October 25, 2013 wide release date for it — just in time for Halloween. Jason Blum is back as producer for Paranormal Activity 5, which is expected to advance the story from the previous films. Paramount‘s Paranormal Activity 4 was made for $5 million, grossed $30 million during its opening weekend October 19-21 and has cumed $135.5 million to date. The sequel comes in addition to a planned spinoff tentatively set for spring 2013 that will be helmed by series writer Chris Landon and aimed at the franchise’s sizable Latino audience.
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