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Lionsgate Brings in John Sacchi to Head Micro-Budget Feature Division; Aims for Genre Projects Under $2.5 Million

Photo of Beth Hanna By Beth Hanna | Thompson on Hollywood January 17, 2013 at 11:39AM

Lionsgate is bringing in production executive John Sacchi to head a micro-budget feature film division within the company. The operation will aim for horror and comedy pictures under $2.5 million, and is inspired by the successful Paramount Insurge, which was created in the wake of the "Paranormal Activity" franchise, and last year produced "The Devil Inside," a $1 million-budgeted film that made over $100 million worldwide.
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John Sacchi
John Sacchi

Lionsgate is bringing in production executive John Sacchi to head a micro-budget feature film division within the company. The operation will aim for horror and comedy pictures under $2.5 million, and is inspired by the successful Paramount Insurge, which was created in the wake of the "Paranormal Activity" franchise, and last year produced "The Devil Inside," a $1 million-budgeted film that made over $100 million worldwide.

The home of the "Saw" franchise, Lionsgate has long put its attention into small-budget films. It was only in 2012 that it shook free the label of a "minimajor," with the purchase of Summit, and the boffo releases of both "The Hunger Games" and the final "Twilight" installment.

Sacchi has supervised and executive produced many of the company's projects, including "My Bloody Valentine," "Punisher: War Zone" and "The Possession."

This article is related to: News, Lionsgate, News


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Thompson on Hollywood

Born and raised in Manhattan, Anne Thompson grew up going to the Thalia and The New Yorker and wound up at grad Cinema Studies at NYU. She worked at United Artists and Film Comment before heading west as that magazine's west coast editor. She wrote for the LA Weekly, Sight and Sound, Empire, The New York Times and Entertainment Weekly before serving as West Coast Editor of Premiere. She wrote for The Washington Post, The London Observer, Wired, More, and Vanity Fair, and did staff stints at The Hollywood Reporter and Variety. She eventually took her blog Thompson on Hollywood to Indiewire. She taught film criticism at USC Critical Studies, and continues to host the fall semester of “Sneak Previews” for UCLA Extension.