A couple of interesting acquisitions have been announced.  First up, Jason Blum’s Blumhouse Productions—known for its small budget, big profit model with the Paranormal Activity films and Insidious—has acquired a found footage movie called Peachfuzz, produced by the incredibly hard working brothers Mark and Jay Duplass.  Plot details on the project are being kept under lock and key, but Mark stars in the film that centers on a young man who answers a Craigslist ad “and gets much more than he bargained for.”  Production on the Patrick Brice film has already wrapped.

Hit the jump for news regarding writer/director Sofia Coppola’s The Bling Ring, starring Emma Watson.

It’s easy to forget about it since it came out so early, but for my money director Joe Carnahan’s survival drama The Grey is still one of the best films of 2012.  It was considerably more low-key than his last pic, The A-Team, but I felt that Carnahan and Liam Neeson crafted something really special.  It looks as though the director may be sticking with “low-key” for his next project, as he’s now set to direct Patrick Wilson in the low-budget actioner Stretch for IM Global and Blumhouse Pictures, the studio behind the Paranormal Activity series, Sinister, and Insidious.

Hit the jump for more.

Almost two years ago, a bevy of board games were targeted for big-screen adaptations. Stretch Armstrong, Monopoly, Candy Land, Clue, etc. have all been in the development line towards big-screen adaptations, but recently (and on the heels of the release of Battleship) movement on the aforementioned projects has slowed. McG was set to direct an adaptation of the supernatural game Ouija, but Universal decided to pass on the project back in August. Hasbro continued to develop Ouija, and after numerous rewrites, the studio has now changed its mind and is now moving forward with a completely retooled version of Ouija for a targeted 2013 release.

Compared to McG’s previous $100 million Ouija, Deadline reports that this new version will be produced by Blumhouse Productions’ Jason Blum for a budget close to $5 million. Blum has made a name for himself with low budget/high profit films like the Paranormal Activity series and Insidious, and now it appears Universal plans to take that approach with Ouija. Hit the jump for more.