After officially announcing that Terrifier 3 is underway after the commercial success of the previous installment, Terrifier 2more news about the horror project is revealed.
According to reports from Variety, the entertainment and distribution company, Cineverse Corp. (formerly known as Cinedigm Corp.) has acquired the distribution rights to the slasher in the United States and Canadacon wide theatrical release scheduled for Fall 2024followed by a exclusive debut on Screamboxthe Cineverse streamer.
That same launch strategy was used for Terrifier 2, with great success in views and new subscribers to the platform.
The writer and director Damien Leoneand the producer Phil FalconeThey return for this third installment.
Chris McGurk, President and CEO of Cineverse, explains in a press release about Terrifier 2’s performance, release strategy, and release:
“It made revenue of about 60 times the cost of production and was driven almost exclusively by social marketing. We are delighted that Damien and Phil have chosen to stay true to the franchise and keep the film uncut and standalone rather than go down the studio route.”
“Our goal is to make this film the centerpiece of our release strategy, which is focused on friendly collaboration with creators to generate fan-favorite franchises and remakes that work in theaters and drive streaming subscription revenue.”
“This time, we are planning a big theatrical release for ‘Terrifier 3’ as we are sure that the movie will offer another horror experience like no other. We excitedly anticipate the creative vision Damien and Phil will unleash on audiences when we bring ‘Terrifier 3’ to the big screen in Fall 2024..”
At the moment the plot is kept secret, but it is expected that David Howard Thornton (who plays Art The Clown) and Lauren LaVera (Sienna) come back.
Filming will start in November or December of this year.
It is understood that the “trequela” will fetch a budget in the low-mid seven-figure range, a significant increase over the sequel. Terrifier 2, which was made with an approximate budget of $250,000 USD, and had a box office of more than $15 million USD globally. The film had its premiere at Frightfest and Fantastic Fest 2022. Both the audience and the critics received it extremely positively. A campaign among fans even went viral to launch Terrifier 2 as an Oscar nominee in the Visual Effects category.
The sequel traces the nefarious exploits of Art the Clown, who after being resurrected by a sinister entity returns to the sleepy Miles County town, where he targets a teenage girl and her younger brother on Halloween night.