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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.

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Created by jetli 32 weeks 3 days ago
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About jetli

jetli's picture

Don't let the lower case letterings in his name fool you. He's quick and deadly with the headlines and he's always on target. His delivery could use more work though.

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