$300 YouTube video earns $30 million contract.

19/12/2009

I just read a story about Fede Alvarez, an independent filmaker who made the “Ataque do Panico!” video making the rounds on YouTube. The video cost a mere 300 dollars to make, and Alvarez has now landed a contract with Sam Raimi’s Ghost House Pictures. The contract is for 30 MILLION dollars. Looks like the remake of The Iron Giant will be much bloodier than the original.

[Gizmodo]

Leave a Comment

Previous post:

Next post: