screenrant.com – Michael Bay isn’t really a name that many people would associate with low-budget, high-concept movies (more the exact opposite of that, to be honest), but through Paramount Pictures and his own company Platinum Dunes, Bay bought a pitch for a $13 million dollar found-footage movie about time travel called Almanac, which is now in post-production and set for release in February 2014. Paramount already has a massively profitable low-budget found-footage series on the go – the Paranormal Activity movies cost around $5 million to make and average a box office take of $180 million each time, turning this small investment into a tidy annual earner for the studio.
Created by jetli 1 year 25 weeks ago
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