By Anne Thompson | Thompson on Hollywood Mon Nov 02 16:02:53 EST 2015
This new, presumably more efficient low-budget model will finance a myriad of genres over time, in increments. Dichotomy would advance $2 million for 20 days of production, reports Kim Masters in The Hollywood Reporter. During a hiatus the filmmakers would test materials with audiences before moving forward to finish the movie with another $1 million for another five days. Then another test and possibly more investment up to a $5-million budget cap.
Goodman learned some tricks from Universal-based Jason Blum, who released his "Paranormal Activity" series via Paramount and keeps his budgets below $5 million. In today's multi-platform universe, squeezing profits is most possible when budgets are low.
Dichotomy has a first look deal at Paramount, and is seeking more financing to add to what it has raised so far.