" Case in point: Exists, the Big Foot-themed chiller from The Blair Witch Project co-director Eduardo Sanchez-- the grandfather of the found-footage movement -- which International Film Trust sold to eOne in the U.K. and looks set to close worldwide by the end of the market."
" This is still the only genre where you can have a $4 million film and go and do $50 million at the box office," says Marc Schipper, chief operating officer at Exclusive Media, which is shopping found-footage title Project Blue Book at AFM, explaining the inherent appeal of the genre."
"I definitely think found footage is here to stay this time," says Sanchez. "I think it will change into something different, maybe a mix of found footage with conventional filmmaking, but that's where the next big thing is going to come from."