This production company was founded by Jason Blum in 2007 and specializes in low-budget, high-quality horror films through productions like Paranormal Activity, Insidious, and Sinister. While some films like The Purse have been very successful, Blumhouse's success is also partially dependent on luck due to the uncertainty in returns with their low budgets. They have a first-look deal with Universal Pictures allowing them early investment in Blumhouse films.