Christopher B. Landon has been hired by Paramount Pictures and producer Oren Peli to write the screenplay for Paranormal Activity 3, the third installment in the hugely successful low-budget horror franchise.

Landon was responsible for writing the werewolf romance film Blood and Chocolate, as well as contributing to the story of the 2007 thriller Disturbia. His directorial debut, Burning Palms, is set for release later this year.

Paranormal Activity 3 was announced late last year after the second installment grossed an estimated $170 million worldwide, from a mere $3 million budget.

Plot details for the third installment are not yet known, but expect more details to be revealed in the coming months.

Paranormal Activity 3 will be released on October 21.

Bloody-Disgusting reported this story.