'Paranormal Activity' and 'Paranormal State' Producers Option Supernatural Mag (Exclusive)

This story originally appeared in the Nov. 25 issue of The Hollywood Reporter magazine.

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The red-hot producer of the Paranormal Activity film franchise and the team behind A&E's unscripted series Paranormal State are about to become strange bedfellows. 

Jason Blum's Blumhouse Productions and Picture Shack Entertainment's George Plamondon and Betsy Schechter have optioned rights to Fate magazine, a long-running chronicler of the odd and unexplained, with an eye toward mining its library of thousands of stories for television and film.

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Fate, founded in 1948, tells tales of flying saucers, close encounters, poltergeists and more. The cult magazine, based in Lakeville, Minn., has served as a well of inspiration for Plamondon and Schechter in creating various series, including Animal Planet's paranormal docuseries The Haunted.

Launched by Amazing Stories editor Raymond A. Palmer and Curtis Fuller, Fate has published first-person accounts of the macabre as well as investigative features and the occasional story debunking dubious claims.

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"Whether you believe or not, if you watch someone who believes, it's fascinating," says Plamondon. 

CAA introduced the Picture Shack duo to Blum, whose Paranormal Activity 3 has topped $100 million at the domestic box office (he's also prepping ABC's mystery thriller The River for midseason), and the three decided to team. Adds Plamondon, "There's a level of fear we explore that Jason explores as well with the scripted projects he's done."