Lionsgate has picked up a new horror movie from director Barry Levinson (Sphere, Sleepers) to distribute called The Bay. The film also comes from Paranormal Activity and Insidious producers Jason Blum, Steven Schneider and Oren Peli. The movie is told in the found-footage genre style. The story "chronicles a horrifying biological disaster that arises from the Chesapeake Bay -- an isopod parasite that carries an untreatable disease. As it jumps from fish to the humans in a small town, the victims capture the terror on home videos and the web." Motion picture group president Joe Drake had this to say about the film,
Ingenious genre films are and always will be a specialty at Lionsgate. The Bay is a shining example of the kind of truly fresh horror film that audiences are always ready for, and that we excel at eventizing with them. Thanks to Barry, we’ll all be afraid to go in the water for years to come.
I don't have a problem with this "found-footage" filmmaking style as long as the story is good. It's a nice cheap effective way of making a movie.