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Syfy will make mid-budget movies.

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(@aspiring-mogul)
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According to the press release, Syfy Channel will be making movies from $5 million to $25 million. This is apparently in the mid range, and, as the channel's president, Dave Howe, rightly said, a lot can be done with budgets in that range.

?url? http://news.yahoo.com/s/ap/20101216/ap_en_tv/us_universal_syfy_3?/url?

I know that show biz is inherently risky, but, in most businesses I know, there are solid-bread-and-butter work, and I have been wondering if movies or film shows in this range can be solid income earners, but not expected to make a lot of money. IOW, shows in this range would usually make enough money to pay off the bank loan as well as give everyone a comfortable living, but no one would expect to make money like Tom Cruise or Bruce Willis.

Any thoughts on that?

 
Posted : 19/12/2010 10:49 pm
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