"Paranormal Activity becomes most profitable film with $194 million box office on $15,000 budget"
The 2007 horror film "Paranormal Activity" has become the most profitable film ever, earning $194 million on a budget of just $15,000. This results in a staggering profit margin of 1,300,000%, surpassing major blockbusters like "Titanic" and "Avatar." Filmmaker Oren Peli used a handheld camera and cast new actors to keep costs low. The film was largely improvised, with practical effects enhancing its eerie atmosphere. Paramount Pictures later acquired it for post-production and marketing. The film's stars, Katie Featherston and Micah Sloat, were paid only $500 each due to budget constraints. They later received residual income from the film's success, which led to a franchise with multiple sequels and spinoffs.