Moore's $20M for Fahrenheit 9/11 Sequel Is Mainly Profit
Studios banking on maverick's popularity with film, budgeted to cost $7M
By Nick McMaster,  Newser Staff
Posted May 15, 2008 2:30 PM CDT
Woody Harrelson, right, greets filmmaker Michael Moore at the premiere of "Semi-Pro" in Los Angeles on Tuesday, Feb. 19, 2008.    (AP Photo/Matt Sayles)
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(Newser) – Who says documentary filmmaking isn’t profitable? Sources tell the New York Post that Michael Moore will receive $20 million in advance to produce the sequel to Fahrenheit 9/11, even though production costs are estimated at only $7 million. Studio Paramount Vantage may be willing to give Moore a $13 million bonus because of his track record: The original grossed $219 million.