$300 YouTube Video Lands Filmmaker a $30 Million Movie Deal Dan Koelsch, December 19, 2009December 19, 2009 How’s this for the power of the Internet? Federico Alvarez, a Uraguayan filmmaker, posted a video on YouTube in early November titled “Ataque de Panico” (Panic Attack), and within days received a slue of offers from Hollywood studios to make a feature length film. He eventually settled with Ghost House Pictures, which is run by Sam Raimi, for a cool $30 million. Check out the giant-robot short below, which was surprisingly made for only $300! Apparently this isn’t that new of news, but I just found out about it thanks to Mashable. The sci-fi film Alvarez is going to do is to be set in Uruguay and Argentina, and won’t be based on his YouTube short. If this sounds familiar, you may remember Neill Blomkamp getting a similar start in the industry, and the similarity hasn’t escaped the industry. Many are already predicting Alvarez to be the next Blomkamp. What do you think of the video? Is Alvarez as good as the hype? Viral Marketing Panic Attack
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^Alot of people were. Nothing about the short video interests me at all, looks awfully alot like SkyCaptain and the World of Tomorrow.
I’m totally bias though because1. It’s a polished Spanish sci-fi, which totally rocks 2. Sky Captain 3. Another short movie turned epic 4. Latino director
Great effects but saying this movie costs only $300 to make is like saying that the $30 textbook you bought to study for your final exam was the price of your college education. It was made using thousands of dollars worth of equipment and the robots were the work of dozens of expensive effects people working for free.