Blumhouse founder and CEO Jason Blum is at Locarno where he is set to be feted with the Swiss festival’s Raimondo Rezzonico award for Best Independent Producer.
Prior to the event — which will take place at a rainy Piazza Grande — Blum spoke to Deadline about a range of topics, including the status of his upcoming Exorcist remake, the evolution of his micro-budget producing philosophy, and his desire to win an Academy Award.
Check out the full interview below.DEADLINE: How has your financial model of low production budgets and high rewards evolved?JASON BLUM: The biggest way it’s changed is that our movies are not a million dollars anymore.
Get Out was four and a half. And now we’re closer to ten million dollars than five. So low budget is more expensive. We do more IP now than we used to do.
Read more on deadline.com
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