Hollywood moves big bucks online, adding talent, made-for-Web TV shows

…a snazzy trailer they produced helped snag Sony Pictures Television as a partner.

“We came up with this idea,” said Warren, 31. “There’s no limit to how many episodes there can be in a Web series. So why don’t we design it as a (feature-length movie) so we can sell it as a DVD feature at the end?”

Sony executives, it turns out, had the same idea.

The studio picked up the project in April and gave it a budget of around $1 million. That’s nowhere near the $30 million-plus budgets of many Hollywood movies, but more than the producers were told they could sell it for. Web sites typically pay up to $5,000 for a short clip of original video; with 16 episodes, other Web sites might have paid around $100,000 for “The Bannen Way.” …

https://www.nydailynews.com/money/2009/12/21/2009-12-21_hollywood_moves_big_bucks_online_adding_talent_madeforweb_tv_shows.html

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