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When The Conjuring first arrived, it received an array of positive reviews from critics, the James Wan directed horror film bolstered positive word-of-mouth and reception, and through that, it was able to attain 319.5 million worldwide. The series continued with the highly successful (financially, not critically) Annabelle (and then later, attained even greater financial success with the positively received Annabelle: Creation), but it was with The Conjuring 2 the series was able to build on the original's success, as The Conjuring 2 was able to gross 320.4 million worldwide. (Some caveats to consider are the fact that The Conjuring 1 had a smaller budget, grossed more domestically, which means it kept more of the profit, and, when adjusted for inflation, The Conjuring 1 actually grossed more than 2)
In recent years, thanks in part to the success of the Conjuring universe, horror has seen a resurgence in popularity with films like Get Out, and, of course, the Stephen King film adaptation of IT, and it has also seen stagnant horror franchises like Insidious over-perform.
Then, in early 2018, John Krasinski brought us "A Quiet Place," produced by Michael Bay's company that also brought us remakes of Friday the 13th and Texas Chainsaw Massacre. The film received critical acclaim and achieved significant box-office success, as it now stands at 321.2 million worldwide, surpassing The Conjuring and The Conjuring 2, respectively. In-fact, A Quiet Place stands as the fourth-highest grossing horror film of the millennium, and that's only if we're counting 2001's Hannibal and 2013's World War Z, with "IT" as the front-runner.
Even if the accolade certainly comes with an asterisk, there's no denying that Paramount has produced a largely successful horror film.
