It’s been announced that Paranormal Activity 3 will come out next October. That’s all that we have right now - no script, no director, no nothing. Which worked out for PA2 pretty well, a movie that was also greenlit well before any of the nitpicky ‘creative’ stuff happened.
Which means now is the time for me to jump in with my big pitch for the third film. What I’m about to give you, Paramount, is gold (totally copyrighted and everything, of course. Don’t make me sue you!).