Originally Posted by Jon Fairhurst
The author also makes a point that sometimes another million bucks actually reduces risk - if you can hire a name actor with that cash, and/or up your production values, your likelyhood of making your money back (and then some) increases. The risk goes down, even though the investment/exposure goes up. That's the sweet spot."
Yes, I was given the same information from a Hollywood producer. I am packaging a production in Taiwan that originally had a budget of less than 10 M. Which I had considered was a monstrous budget compared to the 2 M budget films we usually make here. When I handed over a detailed copy of my budget for evaluation (75 pages long) I thought he would say ' This is way too much'. Instead he said - "Your budget is too low .... nowdays 20 M is considered low budget. More is Less for investors." Good God I thought. But there you go.