If you happen to see this movie on Watch Instantly on Netflix, or on DVD somewhere... avoid it.
It is the worst non-MST3K'd movie I've ever seen. The acting is in most cases worthy of a high school drama class, the fx are forgettable at best, and the script is about on par with everything else. You also get the least-convincing, oldest "high school girl" you'll find outside of certain specialist websites.
It focuses on a rookie tv reporter (in a laughably oversized jacket) who gets frustrated with her man-on-the-street assignment and decides to do a segment on Lovecraft for Hallowe'en, whereupon she discovers that his stories weren't fiction -- they were fact!
The best thing about the entire video is the cover.
And yet, all these months later, I can't quite get it out of my head...