There's an old saying in the alternative-asset management game--when your business is down, the best way to get up is to finance a movie that makes Norbit look good. And if it makes Ed, the film starring Matthew LeBlanc and a monkey, look good? All the better. John Devaney and the team at United Capital Markets knew this, which is why they invested a bunch of money in "Poseidon" before, you know. Same deal for RenTec and "Dough Boys," L-Train and "I Know Who Killed Me." Obviously the brain trust at Fortress, which reported a $55 million loss today, is aware of this strategy, as well. Here's the trailer for Disaster Movie, which, in addition to a few other Oscar contenders, FIG has committed more $300 million to finance.
[click to view]
Related: Fortress Down
Earlier: How Katherine Heigl's Rack Nearly Sank Bridgewater
Posted by guest , Aug 07, 2008 1:59PM
That Kim Kardashian looked good!!
~Lt. Frank Drebin
Police Squad
Posted by bank_teller , Aug 07, 2008 2:00PM
the baby foot is pretty good stuff! gnom gnom...
Posted by guest , Aug 07, 2008 2:01PM
it looks horrific
Posted by guest , Aug 07, 2008 2:01PM
I honesty can't believe how absolutely awful these movies are. This is crappiest, unfunniest attempt at parody ever quiet possibly
Posted by guest , Aug 07, 2008 2:05PM
They did nail Sara Jessica Parker's face though....kudos for that.
Posted by guest , Aug 07, 2008 2:09PM
Too long, didn't read.
Posted by guest , Aug 07, 2008 2:10PM
How could you possibly need $300M to produce this crap?
Posted by guest , Aug 07, 2008 2:16PM
@7- 300m to produce a couple flicks. this didn't take more than 30-50 to make, if that.
Posted by guest , Aug 07, 2008 2:19PM
They'd stop making these if people stop watching em. Its garbage but it sells movie tickets.
Posted by Anal_yst , Aug 07, 2008 2:20PM
Is the title an intentional pun?
Posted by guest , Aug 07, 2008 2:23PM
The sad thing is that this flick will probably open #1
Posted by guest , Aug 07, 2008 2:30PM
You can preorder the DVD and VHS on Amazon. Discounted 10% if you buy the combo pack which I highly recommend.
Posted by BlackSwan06 , Aug 07, 2008 2:34PM
i need a drink...
Posted by guest , Aug 07, 2008 2:43PM
FIG knows what they are doing
Lionsgate has a great game plan. They make films that cost anywhere between $5-25 million to produce and market. These films usually make between $30-50 million box office, and then another $10-20 home video. No blockbusters, no fills. Get in-get out and move on. Thats what they do.
Thats why there will be a million SAWs and "Xyz Movie"s - cause they all profit.
Posted by guest , Aug 07, 2008 2:53PM
Why did I just sit for the last 15 minutes watching movie trailers?
Posted by guest , Aug 07, 2008 4:15PM
I would like to attend a party at Hef's California mansion at least once.