MD Bastek
Talk of another installment in the found footage franchise, Paranormal Activity, surfaced online recently. Pages on IMDb and Wikipedia popped up for a movie called Paranormal Activity 8: The Other Side. The film is reportedly set for release in 2023.
According to the Wikipedia page, Paranormal Activity 8: The Other Side follows four friends who are about to start college together. After moving into Katie and Kristi’s childhood house together, they eventually find out about the gruesome past of their home. Set in the 1990s, the film is supposed to tie up a loose end about a fire that destroyed the house. The IMDb page lists Wincent Sommers as director and co-writer with Oren Peli, the franchise’s creator.
Oren Peli recently took to Facebook to let fans of the franchise know that Paranormal Activity 8 is “not real.” Peli doesn’t know who created the IMDb and Wikipedia pages for the film. He added that Paramount Studios’ legal department is looking into the situation. Furthermore, Peli added that there are no plans for future Paranormal Activity films. There are no sequels in the works. 
The CheatSheet points out that Jason Blum told Variety that “It has been enough already […] That last Paranormal Activity movie was terrible.”
The last Paranormal Activity movie, Next of Kin, was released direct to streaming on Halloween 2021. Blum and Peli produced Next of Kin. Christopher Landon wrote the screenplay. The film tells the story of Margot, whose mother abandoned her when she was a baby. Margot sets out for an Amish community to make a documentary, hoping to find the truth about her background.
The Paranormal Activity franchise began seven films ago with the 2007 film, Paranormal Activity, a found footage film following a young couple, Katie and Micah, as they begin experiencing odd, inexplicable activity in their home. The film premiered in 2007 and widely released in 2009.
Its sad, the PA series were remarkedly consistent found footage horror flicks. Critics were merciless to them for committing to the style and format, even though Marvel movies for instance commit to a similar structure but get better reviews. I think they did a good job of fully telling the story of Tobi/Asmodeus’s origin through to his human manifestation. I think history will be kinder to this series than the critics were.