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$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.
Further proof that Hollywood is running out of good ideas, and must turn to new sources.
It's not even new - it's "War of the Worlds" and "Sky Captain and the World of Tomorrow" mixed together.
The guy did a great job with the special effects, but story wise - meh.
Golloywierd will throw in some hot chick in short shorts and lots of cleavage and it'll make a few hundred million.
It's NOT me! It's the meds! I'm on 1000mg of Fukitol.
Who knew that the man behind Spiderman, The Grudge, Evil Dead, and Drag Me to Hell is a fan of cheesy low budget special effects.
Capitalism: When it uses the carrot, it's called democracy. When it uses the stick, it's called fascism.
Here's the link to the original video: http://www.youtube.com/watch?v=EPvmIxu-LSA
(NFSW language. If you work in a lame place. My co-workers laughed their asses off.)
Comment of the year
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.
South Africa was already occupied.
Am I the only one who thinks that the whole situation was setup as a viral marketing/PR stunt? Maybe I'm just naturally distrustful of Hollywood.
It is easier to sell tickets to another run of the mill Sci-Fi movie if it has a story like this behind it.
The project is budgeted at 30M.
This is Alvarez's first project, probably no agent, definitely no actors attached to it, so they will probably give him an 'advance' and then lots of interdependent if-then conditionals. He won't get any on-screen credits. (That sets off a bunch of payouts the producer normally keeps) Then one of two things happen to a first-time writer/creator.
1. The conditionals are never met. Alvarez keeps his pittance of an advance and makes a little beer money. This is normally how it works for a project off the street.
2. The producer reinterprets the contract or has some sort of magical contractual difficulty with Alvarez if the project is successful. Alvarez then might see his five figures after a few rounds in court and 6-figure legal bills.
Check out the legal wrangling on 'My Big Fat Greek Wedding' as an example. According to the producer, that was an 'unprofitable' film. Welcome to business deals in Hollywood.
http://www.maxineudall.com/2010/02/should-economists-be-sued-for-malpractice.html
No offense intended to the great nation of Uruguay, but why would giant robotic aliens give a rat's ass about Montevideo of all places?
They've been intercepting our interwebs for some time now and as such they've been watching porn from 8thstreetlatinas.net. Like most gigantic robotic overlords they require fresh, nimble, "barely legal" workers for their Energon mines in order to continue to function properly and thus continue to watch even more porn as well as do all those other things that overlords do. Pass pointless laws, monitor the pleebs, protect the children, make deals with other alien overlords, etc.
I know this because I too am a slave of the robotic overlords however, I work in accounting...
Primer was one of the best sci-fi movies I've ever seen, on a budget of $7,000. It's about damn time that guy gets the funding he needs to bring his other ideas to fruition.
Name...That...Autocomplete!
Indeed, and you should meet her -- perfect figure, great listener, up for anything. She's a real doll.