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Theaters shun new 'Paranormal Activity: The Ghost Dimension' movie, report says

"Paranormal Activity: The Ghost Dimension" won't be screened in at least five theater chains including Regal Cinemas, according to TheWrap. Pictured: A scene from "Paranormal Activity 4," released in 2012. Photo Credit: AP

At least five theater chains have said they will not screen "Paranormal Activity: The Ghost Dimension" according to TheWrap.

The move is a reaction to Paramount Pictures' decision to release the 3-D horror film to video-on-demand just 17 days after it opens in theaters on Oct. 23.

Movies typically aren't released to video-on-demand until 90 days after opening theatrically. Shortening that "window" to 17 days will encourage moviegoers to simply wait for the film to play at home, according to the theater chains. That could cut into ticket sales.

Regal Cinemas, Cinemark, Carmike Cinemas, Marcus Theatres and Harkins Theatres have said they will not screen the film, TheWrap reported. AMC Theatres, Cineplex Entertainment, Landmark Theatres, Alamo Drafthouse and National Amusements have said they will.

As a result, Paramount Pictures is predicting that “Paranormal Activity: The Ghost Dimension” will now open with roughly $11 million, about half of what industry tracking would otherwise suggest. That's a slim profit margin for the movie, which cost a reported $10 million to make.

"Paranormal Activity: The Ghost Dimension" is the sixth and final installment in the found-footage franchise, which has earned an estimated $800 million overall.

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