Time To Panic

Uruguayan filmmaker Federico Alvarez just scored a million dollar deal to make his feature film directing debut on an alien invasion film for Sam Raimi's Ghost House Pictures reports Variety.

Alvarez helmed the fantastic looking short "Panic Attack!" ("Ataque de panic"), a sub-$500 five-minute pic about an apocalyptic robot attack which became an on line video hit



He then pitched the alien invasion idea to Raimi who's production company signed him to a holding deal. A high-end screenwriter is being sought turn the idea into a pic that Alvarez will direct and Raimi will produce.

Clearly hoping to capture a vibe similar to things-going-bump-in-the-night hit Paranormal Activity or Neill Blomkamp’s District 9 of this year.