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$300 Sci-Fi YouTube Video Lands $30m Movie Deal 315

krou writes "A producer from Uruguay who made a short science fiction film and uploaded it to YouTube has landed a film deal with Sam Raimi's Ghost House worth $300 million. The film, which shows spaceships and giant robots attacking Montevideo, the capital of Uruguay, was made by Fede Alvarez for around $30. 'I uploaded (Panic Attack!) on a Thursday and on Monday my inbox was totally full of e-mails from Hollywood studios,' he said. Alvarez is to develop and direct a film based on one of his ideas, but there is no word yet on the writer."

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