A couple of weeks back we told you  Eduardo Sanchez , co-director of The Blair Witch Project , had a new flick screening at SXSW , and that it's about the legendary Bigfoot . Now we've heard the good word that Lionsgate has picked up the found-footage monster movie Exists for North American distribution.

Man, this looks awesome. Mega Shark vs. Giant Octopus awesome. Or even Sharktopus awesome. Either way, The Basement is all over director Mike Mendez's new movie Big Ass Spider. Greg Grunberg , Lombardo Boyar , Clare Kramer and Ray Wise star in the flick, which concerns a giant spider that attacks Los Angeles and the two exterminators who join forces with the military to take it out, and we don't mean for dinner and a movie. Big Ass Spider premieres at SXSW , and we hope to see it ASAP. I dug Mendez's The Gravedancers , which was a lot more serious than how this movie looks. Still, I admire any filmmaker who doesn't stick to one thing. That's right, I called a guy who made a movie called Big Ass Spider a filmmaker. Wanna fight about it? Now get a load of this preview, Basementites! Source: Shock Till You Drop Related articles Simpsons Characters as Spider-Man Villains - Fan Art Spiders Hapless Spider V8 Building a Monthly SEO Action ...