Neca - The Conjuring Universe –Ultimate Malthus the Demon Figure : The Demon Becomes Collectible

By Mulder, 23 december 2025

There is something deliciously unsettling about seeing Malthus the Demon, one of the most iconic presences from The Conjuring Universe, finally receive the detailed, premium treatment fans have been begging for, and once again NECA proves why they remain one of the most respected names in collectible horror figures. Presented as part of the Ultimate line, this fully articulated figure stands over seven inches tall and instantly captures the nightmarish aura of the demonic entity who manipulates the infamous Annabelle doll in the films. This is not just a toy, it is a piece of cinematic evil frozen in plastic and sculpt, designed for those who love being just a little too close to terror. 

The sculpt work embraces every twisted muscle, every sinew of cursed flesh, every horn, crack, and cruel grin that horror fans remember, while the haunting paint deco gives depth to Malthus’ warped anatomy. With three interchangeable demonic portraits, alternate hands, and two different lower leg sets including the distinctive hoofed feet, it offers collectors and photographers a wide creative range, echoing the way the demon constantly shifts and manifests in the films. NECA also remains faithful to collector tradition with a window box packaging featuring a front flap, transforming the box itself into an artifact worthy of sitting beside Annabelle’s infamous glass case. Priced at $49.99 and scheduled for the second quarter of 2026, this is already being whispered among fans as one of the most essential Conjuring collectibles to date, and knowing NECA’s reputation, the demand is going to be fierce.

Behind this terrifying beauty lies the mythology that turned The Conjuring Universe into the most successful horror franchise in history, built by New Line Cinema, Atomic Monster and The Safran Company, and distributed by Warner Bros. Pictures. Rooted in the notorious real-world cases investigated by paranormal researchers Ed Warren and Lorraine Warren, portrayed on screen by Patrick Wilson and Vera Farmiga, the saga launched in 2013 with The Conjuring, directed by James Wan, whose mastery of tension and atmosphere reshaped mainstream supernatural horror.

 The franchise soon expanded with The Conjuring 2, The Conjuring: The Devil Made Me Do It, and the recent The Conjuring: Last Rites, alongside a successful network of spin-offs exploring specific demonic entities such as The Nun and Annabelle. Financially, the universe has grossed billions worldwide, while narratively it cemented itself culturally thanks to its clever mix of “true case files,” gothic dread and instantly iconic supernatural figures. Among these, Malthus occupies a special place: introduced as the demonic force binding itself to the Annabelle doll, its appearance, presence and terror turned it into one of the most disturbing faces of the saga, and countless fans remember the tension-filled scenes involving the entity silently waiting, whispering or manifesting just long enough to haunt audiences long after the credits rolled.

There is also something almost poetic about seeing this demon captured as a physical collectible when the films themselves revolve around cursed artifacts. Just like viewers remember the Warrens’ artifact room filled with possessed objects, strange relics and doomed souvenirs of past investigations, NECA’s Ultimate Malthus feels like something that could sit right there beside Annabelle, The Crooked Man’s reminders or Valak’s unholy presence. Fans often share nostalgic anecdotes of discovering The Conjuring films late at night, watching through slightly covered eyes, or debating which scene frightened them the most, and this figure taps directly into that emotional connection. Collectors know that NECA does not simply release figures; they build memory triggers, cinematic echoes sculpted with obsessive care. 

Holding this figure is like holding a slice of the franchise’s legacy, tying together over a decade of storytelling developed by talents such as James Wan, Peter Safran, Michael Chaves, Gary Dauberman, David F. Sandberg and many others who helped shape this shared horror universe. And when you stand Malthus on your shelf, poised mid-snarl with outstretched demonic fingers and cold calculated malevolence in his sculpted stare, you are not just displaying plastic – you are welcoming a symbol of modern horror history, a reminder of how fear, mythology and craftsmanship can merge to create something fans will talk about for years.

Photos : Copyright NECA