After 4 years, there's a new Paranormal Activity movie in the works, it's a "rebirth" for the series, and The Conjuring and Insidious creator James Wan is producing: "Do not see it alone"

Paranormal Activity.

There's a new Paranormal Activity in the works described as a "rebirth" for the franchise, and James Wan, known for The Conjuring universe, is one of the producers.

The news, per THR, comes nearly two years after Wan's production company Atomic Monster merged with Paranormal Activity production company Blumhouse. Paramount is once again back to produce, distribute, and co-finance the flick. Meanwhile, original Paranormal Activity director Oren Peli, who managed to make a $194 million-grossing smash hit - not to mention one of the scariest found footage movies of all times - from a tiny $15,000 budget, is also signed on to produce the untitled new movie.