Variety reports that Ghost House Pictures has made a deal with Uruguayan commercials director Fede Alvarez to direct his pitch for an alien invasion film.
Alvarez scored his million-dollar deal based on the heat generated by “Ataque de panico!” (Panic Attack), a four-minute, 48-second short about an apocalyptic robot attack Alvarez directed through his commercial production house for less than $500 (You can watch the short below).
After Alvarez pitched an original idea for an alien invasion idea to the Spider-Man 4 director Sam Raimi, Ghost House closed a deal with Alvarez that guarantees him a six-figure holding deal to wait while Ghost House hires a high-end screenwriter to turn the idea into a feature. The six-figure deal will be applied against a seven-figure fee if Ghost House makes the film.
Raimi will produce with Ghost House partner Robert Tapert, with Vertigo’s Roy Lee and Doug Davison also to be involved in producing capacities.