looks like the majors in Hollywood are jumping on the micro budget bandwagon
http://www.bloody-disgusting.com/news/24205
Paramount Insurge announced today a February 24, 2012 release for their micro-budget The Devil Inside by director and co-writer William Brent Bell (Stay Alive). Bonnie Morgan, Fernanda Andrade, Simon Quarterman, Preston James Hillier, Evan Helmuth, Suzan Crowley, D.T. Carney, and Ionut Grama all star.
"Her entire life, Isabella Torelli believed her mother brutally murdered three people because she was clinically insane. After being told the murders occurred during an exorcism she sets out to discover the truth. While documenting her experience with a film crew in Italy, she becomes involved in a series of unauthorized exorcisms."