Jason Blum, the founder and CEO of Blumhouse Productions, has perfected a low risk, high reward model to produce a box-office-hit empire

If you got scared out of your mind at a movie theater in the past 12 years, you probably have Jason Blum to blame.

From the “Paranormal Activity” movies to the current collaborations with M. Night Shyamalan (“Split,” “Glass”) and Jordan Peele (“Get Out,” “Us”), not to mention successfully relaunching the “Halloween” franchise last year, Blum’s Blumhouse Productions has proved time and again that movies with budgets in the low seven figures can create box-office magic.

To date, its movies have made more than $4 billion worldwide.