Thursday, December 10, 2009

Paramount Goes Indie? - LA Times

PARAMOUNT TO LAUNCH MICRO-BUDGET MOVIE DIVISION
Fresh off its stunning "Paranormal Activity" success -- a $15,000 thriller that has grossed more than $107 million in its domestic release with little paid advertising -- Paramount Pictures is set to launch a new production business for movies budgeted at less than $100,000.
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