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Blumhouse’s ‘The Black Phone’ shows that horror and original storytelling have a place at the box office

Any apprehension Jason Blum had about the future of the box office has been quelled now that “The Black Phone” has surpassed $150 million at the global box office.

Blum was one of many that worried lower-budget films might not have a place at cinemas in the wake of pandemic theater closures. However, the film, a collaboration between his production company Blumhouse and Universal, has proven to Blum and the greater industry that there is still space for features with smaller budgets at the box office.

In passing the $150 million global ticket sales mark, “The Black Phone” is the third-biggest horror film released since 2020, behind Paramount’s “A Quiet Place: Part 2,” which snared $299 million, and Warner Bros.’ “Conjuring: The Devil Made Me Do It,” which tallied $206 million.

Blum told CNBC that “The Black Phone” has yet to be released in South Korea and is expected to add another $10…

Read more at www.cnbc.com

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