LOS ANGELES — There is a number being passed around the industry this week that ought to unsettle every studio still betting nine figures on intellectual property. A horror film shot here for roughly $750,000 has overtaken the latest Star Wars at the domestic box office, clearing more than $165 million and, unusually, still rising nearly a month into its theatrical run.

The film is Obsession, the debut feature of writer-director Curry Barker, which Focus Features acquired out of the Toronto International Film Festival's Midnight Madness program for a reported $15 million-plus — the highest price ever paid for a genre title at the festival — with Blumhouse subsequently boarding. Its premise is deceptively small: a young man, Bear (Michael Johnston), uses a cursed object to compel the affection of his friend Nikki (Inde Navarrette). What follows is less about the supernatural than about the cost of removing risk from love.

How a $750,000 Cursed-Object Folktale Outran the Blockbusters

Read against the genre's history, the success is not an accident. Horror has always metabolized the anxieties of its moment. The atomic monsters of the 1950s gave shape to nuclear dread; Invasion of the Body Snatchers distilled Cold War paranoia into neighbors who were no longer themselves. The slashers of the 1980s punished adolescent sex at the height of a conservative backlash. After September 11, the genre turned brutal and nihilistic. Each generation, it seems, receives the horror it needs in order to process its particular fear.

‘Obsession’ — Official Teaser Trailer (Focus Features), via YouTube

For this generation, the experts suggest, the fear is connection itself. Speaking to Metro, chartered psychologist Dr Katie Barge observed that “many studies suggest that today's young people are more cautious about emotional vulnerability, rejection and relational risk,” even as they continue to want lasting relationships. Behaviour specialist Sim Shamu located the modern wrinkle: “Flirting, rejection, conflict, break-ups and sexual boundaries can all feel higher-stakes when so much social life happens online or can be screenshotted, shared, compared or judged.”

How a $750,000 Cursed-Object Folktale Outran the Blockbusters

Relationship coach Lorin Krenn framed the paradox most sharply, telling Metro that Gen Z is “the most psychologically literate generation we have ever seen. And somehow, among the loneliest.” They have, he added, the vocabulary of the heart — and a terror of living it.

That this anxiety arrives wrapped in a cursed-object folktale is fitting. Obsession sits alongside Companion, Fresh, Blink Twice, The Substance and A24's Backrooms as part of a wave using the genre to articulate what contemporary life actually feels like — invasive, surveilled, and uncertain. The most frightening question these films pose is no longer whether a monster will enter the house. It is whether someone might truly know you, and leave anyway.