Category: Movies

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

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