Found footage movies first truly landed on the map with the success of The Blair Witch Project.
But, it was the explosive phenomenon of Paranormal Activity that made it a thing that Hollywood would revisit again and again and again.
They have taken all kinds of formats -- even the party film (check out these Project X quotes) -- and grown in stature and quality as filmmakers have used the point of view method of storytelling to truly grip audiences.
By having a documentary crew chronicling the day in, day out activities of the Catholic church's little talked about exorcism training program, the film allowed us to have a birds-eye view of the horror. And we loved it. Oh, and that story of a woman trying to get answers about her mother's possession truly brought it home.
Found footage... in space! To hear there was one last moon mission that we never heard about was an interesting enough idea for a movie. The fact that the story was told through found footage... all the more frightening.