$300 Sci-Fi YouTube Video Lands $30m Movie Deal
krou writes "A producer from Uruguay who made a short science fiction film and uploaded it to YouTube has landed a film deal with Sam Raimi's Ghost House worth $300 million. The film, which shows spaceships and giant robots attacking Montevideo, the capital of Uruguay, was made by Fede Alvarez for around $30. 'I uploaded (Panic Attack!) on a Thursday and on Monday my inbox was totally full of e-mails from Hollywood studios,' he said. Alvarez is to develop and direct a film based on one of his ideas, but there is no word yet on the writer."
Both articles mention $30 million, not $300 million.
I forgot to say, the guy the most well known TV publicity director in Uruguay; this is not just a "youtube video". His official website is http://www.aparato.tv/
In soviet russia the government regulates the companies.