Eugene David
...The One-Minute Pundit

Sunday, November 05, 2006


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?

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