Israeli director who became film studio favorite after establishing Micro Budget niche to premier new flick, Chernobyl Diaries, this May.
After a series of exceptionally profitable horror flicks, Israeli-born director Oren Peli became a favorite of the Hollywood film industry.
This happened not only thanks to his perfect box office record, but also because he found a way to produce profitable thrillers at a much lower cost than Hollywood's average horror film budget.
Peli produced and directed the first film in the Paranormal Activity series on a scanty $15,000 budget, grossing $193.4 million at the box offices. The second movie was produced with a $3 million budget, grossing $177.5 million. The third film, produced with a $5 million budget, grossed $205 million worldwide.