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Designed by...

Sometimes we have to look backward to go forward, and that's definitely the case with Jason Blum's Blumhouse Productions and Picture Shack Entertainment's George Plamondon and Betsy Schechter's plan to mine Fate Magazine for spooky stories.

According to the Fate Magazine website, the red-hot producer of the Paranormal Activity film franchise and the team behind A&E’s unscripted series "Paranormal State" have optioned rights to Fate Magazine, a long-running chronicler of the odd and unexplained, with an eye toward utilizing its library of thousands of stories for television and film.

Fate, founded in 1948, tells tales of flying saucers, close encounters, poltergeists, and more. The cult magazine, based in Lakeville, Minnesota, has served as a well of inspiration for Plamondon and Schechter in creating various series, including Animal Planet’s paranormal docuseries "The Haunted".

Launched by Amazing Stories editor Raymond A. Palmer and Curtis Fuller, Fate has...

Fate Magazine has been printing bizarre stores of the supernatural since 1948, and now those stories will be turned into movies and TV properties. THR reports that Paranormal Activity's producer Jason Blum and Picture Shack Entertainment's George Plamondon and Betsy Schechter have optioned rights to Fate magazine.

The magazine was launched by Amazing Stories editor Raymond A. Palmer and Curtis Fuller, and is based out of Lakeville, Minn. The mag is full of stories about "flying saucers, close encounters, poltergeists and more." The cult mag has inspired a number of different series, including Animal Planet's paranormal docuseries The Haunted.

This sounds like a great idea to me. I love supernatural related stories like this. Fate would make some great TV, much like The Twilight Zone did. A serial type show would be perfect.

What are your thoughts on this news?

Source: THR (http://feedproxy.google.com/~r/thr...

CAA’s non-fiction TV department has signed two production companies, Lighthearted Entertainment and Picture Shack Entertainment. Lighthearted Entertainment was formed in 1992 by Howard Schultz who has created and executive produced Extreme Makeover for ABC, Next! for MTV, and The Moment of Truth for Fox. Betsy Schechter and George Plamondon’s Picture Shack has four series in production, A&E’s Paranormal State and Psychic Kids, Animal Planet’s The Haunted and the upcoming scripted MTV comedy Warren the Ape. Lighthearted came to CAA from Icm, Picture Shack came from Wme.