Horror Economics
Horror films are cheap and can make huge profit. This is proven by the fact that the found footage horror movie Paranormal Activity only had a budget of $15,000, yet it generated $190 million at the global box office. Another prime example is The Blair Witch Project , with a budget of $35,000, it made a whopping $245 million at the global box office. This causes us to think: Why do people spend so much money on mainstream films when they can simply make a horror film? Pirates of the Caribbean: On Stranger Tides officially holds the record for highest budget with a budget of $378.5 million. It is number 20 in the list of highest grossing films of all time and grossed $1,045,713,802. What's more - the film wasn't received very well critically. Rotten Tomatoes only gave it a 32% rating, which can be compared to Rotten Tomatoes' much more elevated ratings of 86% for The Blair Witch Project and 83% for Paranormal Activity. However,...