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Jason Blum’s Blumhouse Productions Faces Layoffs, Pay Cuts

Jason Blum’s Blumhouse Productions is being hit with layoffs and pay cuts within the wake of the coronavirus pandemic, a Blumhouse spokesperson confirmed to TheWrap.

Senior management took wage reductions, whereas eight roles throughout movie and TV have been minimize, starting from government assistants to mid-level executives.

Blumhouse Productions has a 10-year first look function movie with Universal Pictures.

Blumhouse’s most up-to-date hits embody Leigh Whannell’s “The Invisible Man,” Craig Zobel’s “The Hunt” (which each have been launched early on VOD as a result of pandemic) and “Fantasy Island.” Other credit embody “Ma,” “Happy Death Day 2U,” “Glass,” “Halloween,” “BlacKkKlansman,” “The Purge” collection, “Upgrade,” “Truth or Dare,” “Get Out,” “Split” and the “Paranormal Activity” and “Insidious” franchises.

Blumhouse is thought to be extraordinarily worthwhile by producing low-budget hit horror franchises. For instance, “The Invisible Man” was produced for $7 million and has grossed $122.9 million globally, even amid the pandemic. “Happy Death Day” had a funds of $4.Eight million and grossed $125.5 million worldwide.

Variety first reported the information of the layoffs.

10 Highest-Grossing Blumhouse Films, From ‘Get Out’ to ‘Paranormal Activity’ (Photos)

TheWrap ranks Blumhouse movies by home gross, not adjusted for inflation.

Credit: The Numbers
10. “The Purge: Anarchy” (2014)

Domestic gross: $71,562,550

Worldwide gross: $111,534,881

Budget: $9,000,000

Blumhouse
9. “The Purge: Election Year” (2016)

Domestic gross: $79,042,440

Worldwide gross: $118,514,727

Budget: $10,000,000

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8. “Insidious Chapter 2” (2013)

Domestic gross: $83,586,447

Worldwide gross: $161,921,515

Budget: $5,000,000

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7. “Paranormal Activity 2” (2010)

Domestic gross: $84,752,907

Worldwide gross: $177,512,032

Budget: $3,000,000

Blumhouse
6. “Paranormal Activity 3” (2011)

Domestic gross: $104,028,807

Worldwide gross: $207,039,844

Budget: $5,000,000

Blumhouse
5. “Paranormal Activity” (2009)

Domestic gross: $107,918,810

Worldwide gross: $194,183,034

Budget: $450,000

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4. Glass (2019)

Domestic gross: $111,048,468

Worldwide gross: $245,316,968

Budget: $20,000,000

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3. “Split” (2017)

Domestic gross: $138,141,585

Worldwide gross: $278,964,806

Budget: $5,000,000

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2.”Halloween” (2018)

Domestic gross: $159,347,015

Worldwide gross: $255,490,189

Budget: $10,000,000

Blmhouse
1. “Get Out” (2017)

Domestic gross: $176,040,665

Worldwide gross: $225,408,115

Budget: $5,000

Blumhouse