Sam Raimi’s Ghost House Makes High-Priced Deal with Fede Alvarez Based on His Low-Budget YouTube Short, PANIC ATTACK!

by Matt Goldberg    Posted:November 29th, 2009 at 9:01 pm


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Heat Vision reports that Fede Alvarez, a Uraguayan filmmaker who created a YouTube hit with his low-budget sci-fi short, Panic Attack!, has signed a deal with Sam Raimi’s Ghost House Pictures to develop and direct an original genre project.  While Panic Attack! only cost several hundred dollars, his deal with Ghost House is reportedly in the six- against seven figure range (meaning that he’s being paid $X00,000 and if the film gets made he gets a bonus amount which would bring his salary to $X,000,000).  The same day Alvarez posted his video, Hollywood came calling as they were impressed with what he was able to accomplish with such a low budget.

Alvarez’ short is less than five minutes long and is about robots invading and attacking the city of Montevideo.  That’s all that happens in the movie.  The robots invade and then they attack.  The end.  I do understand and congratulate what Alvarez on his success and his movie is technically impressive, but the story here isn’t Alvarez.  It’s the power of YouTube to create a calling card so fast and powerful that you can nab such an incredible deal.  The reason that’s the story and not Alvarez is because I’ve seen far better YouTube short films and Ghost House seriously overpaid this guy which is ironic since the whole point of hiring him is for his low-budget chops.  I’ve included the video after the jump and while I think it just looks like something a Lil’ Michael Bay would make, maybe you’ll feel differently.







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46 Comments

User Comments (46 Responses)
  1. Axford @

    I don’t understand. Are they hoping he’s going to be a Neil Blomkamp? All that video proves is that he’s good with a computer. The only reason it cost so little is because he didn’t factor in the labor that he spent making it. I mean I have everything I need to make a movie for FREE. I’m not saying it’s not impressive as a CG robots destroy city but what else is it……oh wait, what am I saying, that’s all Transformers 2 was, and it made bank. I’ll just shut up now since the merits of a good film no longer require characters or a plot.

  2. Axford @

    I don’t understand. Are they hoping he’s going to be a Neil Blomkamp? All that video proves is that he’s good with a computer. The only reason it cost so little is because he didn’t factor in the labor that he spent making it. I mean I have everything I need to make a movie for FREE. I’m not saying it’s not impressive as a CG robots destroy city but what else is it……oh wait, what am I saying, that’s all Transformers 2 was, and it made bank. I’ll just shut up now since the merits of a good film no longer require characters or a plot.

  3. Axford @

    I don’t understand. Are they hoping he’s going to be a Neil Blomkamp? All that video proves is that he’s good with a computer. The only reason it cost so little is because he didn’t factor in the labor that he spent making it. I mean I have everything I need to make a movie for FREE. I’m not saying it’s not impressive as a CG robots destroy city but what else is it……oh wait, what am I saying, that’s all Transformers 2 was, and it made bank. I’ll just shut up now since the merits of a good film no longer require characters or a plot.

  4. Dogg @

    Great as a student film, but tired and derivative as anything else. Best thing about it was the music he stole from 28 Days Later.

  5. Dogg @

    Great as a student film, but tired and derivative as anything else. Best thing about it was the music he stole from 28 Days Later.

  6. Alex @

    I don’t understand. The film is only good because of the visual effects and the music, which he borrowed from 28 Days Later, so you can’t even give him credit for that.

    I agree. There are far better short films on youtube. Sam Raimi should hire the guys who made “Treevenge” or the portuguese kids who made “Papá Wrestling”.

    This Alvarez guy is not the next Neil Blomkamp. Just watch Neil’s short films and you’ll understand why.

  7. Alex @

    I don’t understand. The film is only good because of the visual effects and the music, which he borrowed from 28 Days Later, so you can’t even give him credit for that.

    I agree. There are far better short films on youtube. Sam Raimi should hire the guys who made “Treevenge” or the portuguese kids who made “Papá Wrestling”.

    This Alvarez guy is not the next Neil Blomkamp. Just watch Neil’s short films and you’ll understand why.

  8. nNark @

    Yeah, so, anyone remember a little project called “Sky Captain”? A fantastic homemade short that got to become a big feature… Whatever happened to THAT guy (Kerry Conran)?

  9. nNark @

    Yeah, so, anyone remember a little project called “Sky Captain”? A fantastic homemade short that got to become a big feature… Whatever happened to THAT guy (Kerry Conran)?

  10. nNark @

    Yeah, so, anyone remember a little project called “Sky Captain”? A fantastic homemade short that got to become a big feature… Whatever happened to THAT guy (Kerry Conran)?

  11. stuart @

    I think its great, I admit a bit like sky captin, but I like it and if its a 18 I think it will have real appeal.

    cant wait to see it on the big screen :) well done

  12. stuart @

    I think its great, I admit a bit like sky captin, but I like it and if its a 18 I think it will have real appeal.

    cant wait to see it on the big screen :) well done

  13. stuart @

    I think its great, I admit a bit like sky captin, but I like it and if its a 18 I think it will have real appeal.

    cant wait to see it on the big screen :) well done

  14. Fran @

    I think Axford is full of shit and is jealous that he can’t come up with anything nearly as good.

  15. Fran @

    I think Axford is full of shit and is jealous that he can’t come up with anything nearly as good.

  16. Fran @

    I think Axford is full of shit and is jealous that he can’t come up with anything nearly as good.

  17. Isi @

    Well, what can I say? That is some story. Of course, there are better movies on You Tube. But the fact of life is this. When your time comes to have a brake through you get it anyway. Congratulations to Fede. Make the best of this opportunity, Fede.

  18. Isi @

    Well, what can I say? That is some story. Of course, there are better movies on You Tube. But the fact of life is this. When your time comes to have a brake through you get it anyway. Congratulations to Fede. Make the best of this opportunity, Fede.

  19. Isi @

    Well, what can I say? That is some story. Of course, there are better movies on You Tube. But the fact of life is this. When your time comes to have a brake through you get it anyway. Congratulations to Fede. Make the best of this opportunity, Fede.

  20. john @

    haha axford you jealous piece of shit. if you can make a video as good as him then why dont you make one and quit complaining like a lil bitch.

  21. john @

    haha axford you jealous piece of shit. if you can make a video as good as him then why dont you make one and quit complaining like a lil bitch.

  22. Big Nate @

    man everyone is hating on this guy bigtime. give him credit for putting it together. granted its a blatant rip on District 9 and the music was lifted but give the guy some credit for pulling off the shots and having the vision and follow-through. having said that, theres no why this cost only $300. no freaking way.
    i just wish other people got similar chances without having have some type of special effect. congrats anyway =)

  23. Big Nate @

    man everyone is hating on this guy bigtime. give him credit for putting it together. granted its a blatant rip on District 9 and the music was lifted but give the guy some credit for pulling off the shots and having the vision and follow-through. having said that, theres no why this cost only $300. no freaking way.
    i just wish other people got similar chances without having have some type of special effect. congrats anyway =)

  24. Iron Mountain Team @

    People people people!!

    Please don’t miss the real moral of this story:

    “It’s the power of You Tube to creat a calling card so fast and powerful
    that you can nab such an incredible deal”

    Given that large numbers of films released this year have been horrible
    wastes of HUGE amounts of time money and man hours, maybe this
    unknown Alvarez could be a much needed breath of frsh air.

  25. Iron Mountain Team @

    People people people!!

    Please don’t miss the real moral of this story:

    “It’s the power of You Tube to creat a calling card so fast and powerful
    that you can nab such an incredible deal”

    Given that large numbers of films released this year have been horrible
    wastes of HUGE amounts of time money and man hours, maybe this
    unknown Alvarez could be a much needed breath of frsh air.

  26. Jacob @

    I think you are missing the biggest point, guys. This proves that there is no obstacles to making a professional production on a low budget. The better story you come up with, the better. The only obstacle may be lack of talent or health or energy/motivation.

    Try arguing with that.

    Hope you have a good day. Don’t get too jealous. Remember Salieri?

    Cheers.

  27. Jacob @

    I think you are missing the biggest point, guys. This proves that there is no obstacles to making a professional production on a low budget. The better story you come up with, the better. The only obstacle may be lack of talent or health or energy/motivation.

    Try arguing with that.

    Hope you have a good day. Don’t get too jealous. Remember Salieri?

    Cheers.

  28. Jacob @

    I think you are missing the biggest point, guys. This proves that there is no obstacles to making a professional production on a low budget. The better story you come up with, the better. The only obstacle may be lack of talent or health or energy/motivation.

    Try arguing with that.

    Hope you have a good day. Don’t get too jealous. Remember Salieri?

    Cheers.

  29. Michelle @

    I think the film’s special effects are impressive for his budget, but the filmography doesn’t stand out and the plot is nonexistent. When I heard he’d received this contract, I wondered what it was for (perhaps special effects), but now that I know it’s for him to direct a movie, I don’t understand why. Still, I am happy for him and I hope that he does a wonderful job.

  30. Michelle @

    I think the film’s special effects are impressive for his budget, but the filmography doesn’t stand out and the plot is nonexistent. When I heard he’d received this contract, I wondered what it was for (perhaps special effects), but now that I know it’s for him to direct a movie, I don’t understand why. Still, I am happy for him and I hope that he does a wonderful job.

  31. Michelle @

    I think the film’s special effects are impressive for his budget, but the filmography doesn’t stand out and the plot is nonexistent. When I heard he’d received this contract, I wondered what it was for (perhaps special effects), but now that I know it’s for him to direct a movie, I don’t understand why. Still, I am happy for him and I hope that he does a wonderful job.

  32. Fishbowl @

    So, me and my film major friends were watching this video in our editing lab at school and were very impressed. The cinematography is incredible and it has a distinct cinema-look to it, rivaling many big budget motion pictures. However, we read some of the comments and were horribly surprised by some of the things people have said. I'd just like to point out that this is NOT the run-of-the-mill student film quality…I know…I'm a film student.

  33. Marcelo @

    If that guy got this deal over these piece of work (that's pretty good visually), what would happen to the guy who made The Third & The Seventh?
    If you haven't seen it yet, go take a look. Now, THAT, is visually impressive.

  34. Marcelo @

    If that guy got this deal over these piece of work (that's pretty good visually), what would happen to the guy who made The Third & The Seventh?
    If you haven't seen it yet, go take a look. Now, THAT, is visually impressive.

  35. CaveMan @

    I love this short. It is very well done. Much better than some Hollywood movies I have seen In the recent years. Job very well done. Good luck to all of you involved in this film because you all have a bright future ahead of you. Don’t worry about all the hatters. They will always be around. Much props. Loved the film.

    CaveMan

  36. CaveMan @

    I love this short. It is very well done. Much better than some Hollywood movies I have seen In the recent years. Job very well done. Good luck to all of you involved in this film because you all have a bright future ahead of you. Don’t worry about all the hatters. They will always be around. Much props. Loved the film.

    CaveMan

  37. mitchdcba @

    ……..

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