Hollywood films on the cheap: Paramount’s low-budget movie gamble

Let’s call it the “Paranormal Effect” initiative.

Clearly dazzled by the fact that it could gross more than $100 million on a movie that barely cost $15,000 to make, Paramount Pictures is set to launch a new production wing devoted to films budgeted at less than $100,000.

https://latimesblogs.latimes.com/the_big_picture/2009/12/hollywood-films-on-the-cheap-paramounts-low-budget-movie-gamble.html