Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
Markets in Australia and Japan looked set to open slightly lower as investors worried over trade tensions between the U.S. and China.Asia Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
M. Night Shyamalan's last feature film put the director at the helm of a $130 million epic set in a computer-generated future world called "After Earth."
For his follow-up, "The Visit," he told a horror story that takes place at a farmhouse and cost about $5 million to produce.
While "After Earth" earned just $60.5 million at the U.S. box office and about $244 million around the world, "The Visit" earned back its production budget about five times over when it opened this weekend to $25.7 million in North America.
Shyamalan is the latest—and highest-profile—director to team up with producer Jason Blum, who has made a name for himself with micro-budget horror and suspense films that turn fantastic profits. The partnership is just one more sign that the Blumhouse Productions small-budget model is gaining traction, even as many studios make big bets on franchise films.
Another sign: Blumhouse signed a 10-year deal with Universal Studios last year that gives it first crack at distributing its films.
"A lot of what you see is because we don't have a lot of money to make the movies, but because of that, certain aspects of the storytelling in our movies improves," he told CNBC in a recent interview. "It pushes directors to really focus on story and performance and character."
Blum garnered major attention in 2007 for producing "Paranormal Activity," a found-footage ghost movie with a $15,000 production budget. It went on to earn $108 million at the U.S. box office and spawn five sequels, the last of which is due in theaters next month. In the last eight years, Blumhouse has followed suit with the "Insidious," "Sinister" and "The Purge" franchises, most of which earned more than $50 million each at the box office.
Many of those films share common themes—a small cast and stories that revolve around a single residence—a trend that is both born of necessity and the creative process, Blum told CNBC.
Indeed, many of Blumhouse's productions have received higher critical praise than the typical, bigger-budget horror film. Shyamalan's "The Visit" currently has a 63 percent rating on Rotten Tomatoes, based on 39 reviews.
"The Blumhouse films generally take it to a different level," said Paul Dergarabedian, senior media analyst at Rentrak. "They've really keyed into the zeitgeist in a way that few production companies can."
"The Visit" should be another "profit machine" for Blumhouse, he said ahead of the debut, in part because it signals a return to form for Shyamalan. The film follows two children whose visit to their grandparents' country home goes wrong when the old folks start demonstrating disturbing behavior.
Dergarabedian also thinks audiences enraptured by Shyamalan's early films like "The Sixth Sense" and "Signs," are still rooting for the director. Shyamalan is widely perceived to have stumbled critically and commercially at the box office, after venturing into big-budget films that flopped, such as "After Earth" and "The Last Airbender."
Said Dergarabedian: "There's genius in there. It's just a matter of getting it to come out in a way that resonates with audiences."
Blum said he sees himself as a curator who is fostering a community of storytellers. While Blumhouse offers feedback throughout the filmmaking process, directors and writers remain securely at the helm.
Despite its success, Blum said his model hasn't taken hold as much as he thought it might just a few years ago, in part because Hollywood still finds it difficult to get over the idea that more money yields more success.
Doing things the Blumhouse way also demands an entrepreneurial attitude, Blum said. The films are made independently, and creators and actors can accept less pay than they typically take in exchange for a cut of the profits.
More filmmakers may adopt the Blumhouse model as the industry undergoes a "distribution revolution," said Blum.
Studios are now releasing films through streaming platforms soon after they premiere in theaters, or even simultaneously. Blum believes that this will allow filmmakers to make movies more relevant to demand.
"When windows start collapsing, it's inevitably going to happen," he said. "What kind of movies get made will change radically when that distribution shift happens."
The economics of shorter windows may not pan out for big tent-pole movies, which need a longer theatrical release to recoup massive production costs, Dergarabedian said. However, that model is ideal for horror films, which often turn a profit in their first weekend before falling off sharply at the box office, he said.
"The Blumhouse movie is the kind of movie that could shepherd in this revolution," Dergarabedian said.
—This story has been updated to reflect the box office performance of "The Visit." An earlier version was published on Saturday, Sept. 14, 2015.
Disclosure: CNBC and CNBC.com are owned by NBCUniversal, the parent company of Universal Studios.