| Eugene David ...The One-Minute Pundit |
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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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