i'm amazed that a studio didn't think of this sooner... it's a terrific idea, low risk, very high rewards. it's like doing R&D on the cheap.

Wow. Got one in the bullpen, ready to pop come late March. This is an unexpected surprise.

More studios to follow???

Some of the best news I've heard all year....about time too

I think when Paramount sees my first-person DV adaptation of "SCRABBLE" they're going to flip their lid.

Assuming, of course, they like watching four drunken guys play Scrabble.

Is Paramount shrinking to an Indie company now?

M.

I had this idea in 1993. Good for them, it's a great movie. Low risk (for them)/high reward potential.

I'd say they should actually have an "up to" clause. I mean, do you know how much Tungsten lights cost?

But it's a great idea. I'll be interested to see how they vet writers and stories.

I think Paranormal Activity is the exception to the rule here. What I think we'll find is that all of the other studios will follow suit and we, the audience, will subsequently be bombarded by a slew of terrible low budget movies. Just because they are opening their doors to more possibilities doesn't mean they'll choose quality scripts and produce them in a compelling manner. Thats just my $.02