logo
Blumhouse developing film adaptation of Phasmophobia horror video game

Blumhouse developing film adaptation of Phasmophobia horror video game

Express Tribune3 days ago

Blumhouse Productions is developing a film adaptation of the popular horror video game 'Phasmophobia,' the first-person paranormal puzzle game that gained viral popularity during the COVID-19 pandemic. The project will be produced in collaboration with Atomic Monster and Kinetic Games Limited, though no distributor or release date has been announced yet.
Originally released in early access in 2020, 'Phasmophobia' quickly became a social media sensation as Twitch streamers and YouTubers embraced the multiplayer ghost-hunting gameplay. Developed by Kinetic Games Limited, the game was a breakthrough hit for the indie studio, topping Steam's sales charts for several weeks in late 2020. It has since been ported to multiple consoles and sold over 23 million copies worldwide. The game also earned critical acclaim, winning the Best Debut Game award at the 2020 Game Awards.
The film adaptation was revealed at Hollywood's inaugural 'Business of Fear' event, featuring Blumhouse CEO Jason Blum and president Abhijay Prakash as speakers. This project follows Blumhouse's previous video game adaptation, the 2023 film 'Five Nights at Freddy's,' which grossed $291 million globally despite a simultaneous streaming release on Peacock.
A sequel to 'Five Nights at Freddy's' is scheduled for theatrical release on December 5. In addition to producing films, Blumhouse also operates a gaming division, with upcoming titles including 'Eyes of Hellfire' and 'Sleep Awake,' indicating the studio's ongoing investment in the intersection of gaming and horror entertainment.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Surprise jobs gain helps Canadian dollar hold on to weekly move higher
Surprise jobs gain helps Canadian dollar hold on to weekly move higher

Business Recorder

time19 hours ago

  • Business Recorder

Surprise jobs gain helps Canadian dollar hold on to weekly move higher

TORONTO: The Canadian dollar edged lower against its U.S. counterpart on Friday but was holding on to a weekly gain, as stronger-than-expected domestic jobs data bolstered expectations the Bank of Canada would keep rates on hold next month. The loonie was trading nearly 0.1% lower at 1.3685 per U.S. dollar, or 73.07 U.S. cents, after moving in a range of 1.3661 to 1.3704. On Thursday, the currency touched an eight-month high at 1.3632, while it was on track for a weekly gain of 0.4%. Canada's economy added 8,800 jobs last month, compared to an expected decline of 12,500. The unemployment rate, however, climbed to 7%, its highest level in almost nine years, excluding the peak of the COVID-19 pandemic. 'A lot of part-time jobs were lost and they became full-time jobs. Net-net I think it's a good thing,' said Marc Chandler,chief market strategist at Bannockburn Global Forex LLC. 'It's also clear that the Bank of Canada is not going to be in a hurry to cut rates again. There still might be another rate cut coming but later this year.' Investors see a 73% chance the BoC keeps its benchmark interest rate on hold at 2.75% in July, up from 67% before the data. On Wednesday, the central bank refrained from cutting rates for a second straight meeting, citing the need to study the effects of U.S. trade policy. U.S. jobs data was also stronger than expected, which boosted the U.S. dollar against a basket of major currencies. The price of oil, one of Canada's major exports, rose on optimism about U.S.-China trade talks. U.S. crude oil futures traded nearly 2% higher at $64.62 a barrel. Canadian bond yields moved higher across the curve, tracking moves in U.S. Treasuries. The 10-year was up 7.2 basis points at 3.327%, trading at its highest level since May 26.

TSX set for record high after US jobs data, trade optimism
TSX set for record high after US jobs data, trade optimism

Business Recorder

time19 hours ago

  • Business Recorder

TSX set for record high after US jobs data, trade optimism

Canada's main stock index was headed for a record high on Friday, as a better-than-expected U.S. jobs report and signs of easing trade tensions between Washington and China fueled investor optimism. The Toronto Stock Exchange's S&P/TSX composite index was up 0.6% at 26,486.37 points. The index was set to eclipse Tuesday's record closing high of 26,426.64 if gains hold. U.S. nonfarm payrolls rose by 139,000 jobs last month, data released on Friday showed, while economists polled by Reuters had expected a job growth of 130,000. Meanwhile, White House trade adviser Peter Navarro said on Friday that a planned meeting between U.S. and Chinese officials on trade is expected within seven days, giving hope that the trade war between the world's two largest economies might de-escalate. Separately, China on Friday called to improve bilateral ties with Canada. Earlier this week, U.S. President Donald Trump had doubled tariffs on imports on steel and aluminum. TSX edges higher amid US-China trade talks and upcoming jobs data 'It's just a ploy to get everyone to the table and to try to make a deal,' said Michael Constantino, CEO of online investment platform Webull Canada. Canada's Industry Minister Melanie Joly said on Thursday that Prime Minister Mark Carney and Trump are in direct communication as part of Ottawa's bid to persuade Washington to lift tariffs. 'I think the prime minister of Canada and President Trump will at some point come together and do what's best for both countries,' Constantino said. Canada's unemployment rate in May jumped to its highest level in almost nine years, excluding the peak of the COVID-19 pandemic. On TSX, information and technology stocks gained 1.4% on Friday, tracking gains in tech-heavy Nasdaq index. Energy subindex gained 1.3% as oil prices rose slightly and were on track for their first weekly gain in three weeks.

Dollar slips after ECB hints at rates pause
Dollar slips after ECB hints at rates pause

Business Recorder

timea day ago

  • Business Recorder

Dollar slips after ECB hints at rates pause

NEW YORK: The dollar slipped against the euro on Thursday after the European Central Bank hinted at a pause in its year-long policy easing cycle and US data pointed to softening labor market conditions amid mounting economic headwinds from tariffs. The ECB cut interest rates for the eighth time in a year on Thursday, acknowledging inflation was under control and turning more pessimistic about economic prospects amid risks of a trade war with the United States. While not confirming a pause, the central bank said it was now well-positioned to cope with global economic uncertainty, as market bets grew on a summer break in its year-long easing cycle. 'With today's cut and the current level of interest rates... I think we are getting to the end of a monetary policy cycle that was responding to compounded shocks, including COVID, including the war in Ukraine, the illegitimate war in Ukraine, and the energy crisis,' ECB President Christine Lagarde said. The euro rose 0.5% to $1.1473, a fresh six-week high against the dollar, not far from the more than 3-year high of $1.1573 touched in April. 'The euro-dollar has taken off here in response to Lagarde saying the ECB is getting towards the end of its rate cutting cycle,' said Shaun Osborne, chief currency strategist at Scotiabank. The dollar's softer tone was an extension of its recent weakness, with the US currency down nearly 10% against the euro for the year. 'This just broadly reflects the softening in the broader dollar sentiment here and may well continue into non-farm payrolls tomorrow,' Osborne said. 'We are also seeing a little bit of volatility around news of President Trump talking to Xi, in a first sign of high-level communication between the White House and Beijing in quite some time,' Osborne said. Chinese President Xi Jinping on Thursday held talks with Donald Trump by phone, China's state-run news agency Xinhua reported, as bilateral relations have been strained by trade disputes. The dollar also came under pressure after data showed the number of Americans filing new applications for unemployment benefits last week increased for a second straight week, pointing to softening labor market conditions amid mounting economic headwinds from tariffs. The claims data have no bearing on the Labor Department's closely watched employment report for May, scheduled to be released on Friday, as it falls outside the survey period. Sterling was 0.3% higher against the dollar on Thursday. The United Kingdom is the only country to have struck a trade deal with the Trump administration and was spared from higher US steel and aluminium tariffs, though analysts question how beneficial those factors are. Bitcoin, the world's largest cryptocurrency by market capitalisation, was 0.5% lower on the day at $104,021.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store