Paranormal Activity producer developing Fate Magazine for TV & Movies

Fate Magazine has been printing bizarre stores of the supernatural since 1948, and now those stories will be turned into movies and TV properties. THR reports that Paranormal Activity's producer Jason Blum and Picture Shack Entertainment's George Plamondon and Betsy Schechter have optioned rights to Fate magazine.

The magazine was launched by Amazing Stories editor Raymond A. Palmer and Curtis Fuller, and is based out of Lakeville, Minn. The mag is full of stories about "flying saucers, close encounters, poltergeists and more." The cult mag has inspired a number of different series, including Animal Planet's paranormal docuseries The Haunted.

This sounds like a great idea to me. I love supernatural related stories like this. Fate would make some great TV, much like The Twilight Zone did. A serial type show would be perfect.

What are your thoughts on this news?

Source: THR (http://feedproxy.google.com/~r/thr
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