Posted
10:20 AM
by Gene
Hmmm:Cruise/Wagner will have to co-finance movies - with budgets ranging from $40 million to $60 million - with their own money or by raising it through third-party investors.
"They're looking for fool's money," said one source. "MGM will put up seed money in the hopes of luring the bulk of the financing out of a dumb financial player before they realize just how risky it is to pour money into movies."We don't like anonymous sources -- but could this source be right?
P. S.
...Snyder's net worth runs into the billions of dollars....You sure?