Dean Hendler
October 22, 2012 at 08:26 PM EDT

Paramount has confirmed plans to continue the low-budget saga with a fifth installment set for Halloween 2013, according to Deadline.

The website also reports that a Latino spinoff of the horror franchise is in development, with the film tentatively slated for a spring 2013 release. Christopher Landon, who’s best known for penning the Shia LaBeouf thriller Disturbia, will direct the picture.

Of course, this news sheds a whole new light on the post-credits scene featured in the most recent Paranormal Activity. In case you didn’t stick around, here’s a (rather amateurish) look at the sequence in question:

We initially suspected that this was a promo for the next Paranormal Activity, but the Spanish would appear to indicate that we just got our first look at the spinoff.

Are you excited to see a fifth Paranormal Activity? What about a Spanish-language spinoff?

Read more:

Movie Review: Paranormal Activity 4

Box office report: ‘Paranormal Activity 4’ possesses top spot with $30.2 million despite scary underperformance

Fantastic Fest: What ‘Paranormal Activity 4’ scream queen Katie Featherston really wants to do is make you laugh

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