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The Marked Ones took in $1.2 million from midnight screenings early Friday. With a reported budget of $5 million, this seems a fantastic start to the frightening franchise’s spin-off installment. However, these figures pale in comparison to the midnight debuts of recently released similar horror titles.

For instance, in 2012 another possession-centered horror-thriller The Devil Inside also opened the first week of January. Despite being spectacularly loathed by critics–boasting a 6% rating on Rotten Tomatoes–this $1 million movie made $2 million at midnight screenings, on its way to a $33.7 mil opening weekend. Perhaps more to the point, Paranormal Activity 4, the previous release of this growing franchise, made $4 million on its midnight bow, culminating in a $29 million weekend. While THR was reluctant to get specific, they anticipate that The Marked Ones will hit neither of these marks.

So why the major dip for Paranormal Activity: The Marked Ones? It could be that the brutal blizzard that has blanketed the Northeast in snow killed moviegoers’ enthusiasm for hitting up midnight screenings. If this is the case, this spin-off could rally this weekend as roads are plowed and people twitch with the cabin fever inherent by snow days. It might also be that the abysmal Paranormal Activity 4 has hurt the franchise’s appeal. But frankly neither of these matters much. With a budget as low as The Marked Ones it is practically guaranteed to have a satisfying ROI for Paramount, meaning as little as it even, say, a $10 mil weekend would prove a success.

What’ll be interesting is to see how Paranormal Activity: The Marked Ones will stack up at the box office this weekend. It’s likely it will be in the black by Sunday night. But with some big holiday titles like The Hobbit: The Desolation of Smaug, The Hunger Games: Catching Fire and Frozen still a major force in theaters, this little horror feature is cutting into a crowded market.