There are already companies like Asylum films. Pay attention to the right hand column of this table:

Jtarii 4 hours ago | parent | next [-]

Parody films do not compete with the actual films they are parodying. It's not a good comparison.

	▲	fhdkweig 3 hours ago \| parent [-]
		I don't think they are meant to be parodies. Parodies poke comedic fun at the originals. These are meant to confuse someone into buying the wrong version of a popular film. That's why they make sure the names and even the covers look as identical as they can without getting sued.

lambdaone 3 hours ago | parent | prev [-]

The term for these is "mockbusters", and the term has its very own Wikipedia article, linked in the first paragraph of the page you cited: