India, June 11 -- Distributor Focus Features has officially canceled the scheduled June 2 digital release for the horror hit Obsession as it continues to dominate theaters globally. The decision follows an unprecedented theatrical run that has seen the film become a historic box office phenomenon.
Defying Traditional Horror Trends
Produced on a micro-budget estimated at 750,000 dollars, the film has defied standard horror movie trends by posting consecutive weekend revenue increases. It has officially become the highest-grossing film acquisition in history and is the first movie since 1982's E.T. the Extra-Terrestrial to see revenue growth in both its second and third weekends. To date, the project has crossed 200 million dollars globally,...