When you have a franchise as ridiculously successful as Paranormal Activity, the most recent installement had a reported budget of $5 million & grossed $202 million worldwide, Why stop? Paramount plans to release Paranormal Activity 4 this year. Though no plot, cast, or production details have been given the studios confirmed the project in a press release sent to journalists earlier today. The release states: In 2012, Paramount’s release slate highlights include World War Z, a zombie thriller starring Brad Pitt and directed by Marc Forster, G.I. Joe: Retaliation, the next installment in the global franchise starring Dwayne 'The Rock' Johnson & Channing Tatum, a new chapter in the Paranormal Activity franchise & The Dictator, starring Sacha Baron Cohen & directed by Larry Charles, the team behind Borat. The studio announced earlier that it has topped all of the other studios in terms of worldwise box office earning $5.17 billion in worldwide sales.