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Thursday July 29th 2010

Panic Attack – Federico Alvarez

Great story in the LA Times about a previously unknown to Americans director by the name of Federico “Fede” Alvarez. He came to Hollywood two weeks ago as a total unknown. But in a matter of days after arriving in Los Angeles, the young Uruguayan filmmaker had the kind of amazing movie deal that would seem far-fetched, even by “Entourage” standards.

After seeing his short film, which depicts an invasion of Montevideo by a battalion of giant robots, Mandate Pictures agreed to bankroll a $30-million upcoming film for Alvarez, with the filmmaker getting a cool $1 million director’s fee. Alvarez also made the rounds of the talent agencies and ended up leaving town with a CAA agent team as well as a deal with Anonymous Content to represent him for commercials. Most important, Alvarez also came away with an A-list Hollywood godfather, “Spider-Man” director Sam Raimi, who will serve as a mentor and producer, through his Ghost House Pictures, on Alvarez’s first American film.

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