'Paranormal Activity 3' Opening Sets October Box Office Record

October 24, 2011 Updated Oct 24, 2011 at 11:04 AM EDT

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'Paranormal Activity 3' Opening Sets October Box Office Record

October 24, 2011 Updated Oct 24, 2011 at 11:04 AM EDT

According to a story on Entertainment Weekly's website, Paranormal Activity 3 raked in $54 million at the box office in its opening weekend, setting a record for the month of October.

According to the Entertainment Weekly story, the movie outdistanced last October's Jackass 3-D, which took in $50.4 million in its opening weekend. Paranormal Activity 3 cost $5 million to produce according to the report.

Read the Entertainment Weekly story HERE.