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The fourth edition to the Paranormal Activity movies will hit theaters October 19th against Halloween 3D, which is scheduled to open October 26th. In both 2009 and 2010, Paranormal competed against the Saw series.

The Paranormal franchise has been hugely successful, with the last movie bringing in more than $200 million, beating out the grosses of the first and second film combined! In addition, Paranormal 3 become the top horror launch in history. However, the projects are made on very small budgets; Paranormal cost $15,000, Paranormal 2 cost $3 million, and Paranormal 3 cost only $5 million to produce.

Not much is known about the fourth installment — no writer or director has even been set.  So whatcha think?