What really defines a good movie? Is it the complexity of the plot? Is it the amount of technical effort put into each frame? While everyone has different answers to these questions, many can agree that great filmmaking does not only require a generous amount of financial capital. While having enough funding is important, many have proven that small-budget films can also win the crowd and bring home massive ticket sales. Let’s take a look at some of the best low-budget films that broke the budget norm and won back an enormous return on investment (ROI):
Paranormal Activity (Budget: $15K Box Office: $193M)
This low-budget suspense thriller directed by Oren Peli was actually shot at his own house for just seven filming days, working under a $15K fund.
The creators of Paranormal Activity won the box office without spending a single penny on advertisements and promotions. Instead, the disturbing handheld camera horror movie gathered a following via word of mouth.
The success of the first movie fueled the production of four more sequels, taking home a combined gross income of $805 million as of 2014.
The Blair Witch Project (Budget: $60K Box Office: $248M)
Another spooky handheld camera film captured the attention of scary movie fans and curious viewers around the world. With a $60K budget (reports estimate less), it became a worldwide blockbuster hit and was able to pull in $248M.
The film seemed very realistic and it was able to convince many viewers that the footage was actually real until creators and actors revealed themselves to the public after its huge success.
Friday the 13th (Budget: $500k Box Office: $59M)
The reputation of this movie has gained it an international following and its fandom endures even after years since it was first released in the 80s. However, not everyone knows that the production cost of Friday the 13th was only $500k.
The story revolves around a group of camp counselors who attempted to open an old summer camp that was once the site of drowning accident. The horror started when an unknown attacker began stalking and murdering them one by one.