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...production costs are a key incentive for shooting in Moscow. It's a famously expensive city, but cheap Russian labor can make a positive impact on the bottom line. "The unions in Hollywood are worse than the Russian mob," says Minkovski, who reckons it's 25% cheaper to make a film like You and I in Moscow than...

Author: /time Magazine | Title: The Reel Russia | 9/13/2007 | See Source »

...though RAMCO hopes to release the film worldwide by next fall. As Konov and Minkovski wrap up for the day, several executives from Warner Bros. (which is owned by TIME's parent company, Time Warner) arrive at the RAMCO offices for an exploratory meeting. Nearly all of the major Hollywood studios have been sniffing around Moscow recently, trying to figure out how and when to get involved in an industry with a potentially massive upside. Twentieth Century Fox, which purchased the international rights to the ethereal Russian vampire movies Night Watch and Day Watch, opened offices in Moscow last year...

Author: /time Magazine | Title: The Reel Russia | 9/13/2007 | See Source »

...first international experience," he says, running a hand over his shaven head. "I guess I'll never come back to Russian movies. For me, as an investor, it's not interesting. Any guy in the world dreams of being involved in American movies." This is the great exchange: Hollywood cachet for the right to till these new fields of Russian wealth. But the ground can be treacherous. Hollywood producer and consultant Robert Cain spent several years working in Moscow, and though he has hopes for the future, he has little positive to say about the current state of Russian moviemaking...

Author: /time Magazine | Title: The Reel Russia | 9/13/2007 | See Source »

Beyond the threat of corruption and bribery, there are countless examples of cultural disconnection. Steven Nemeth, an American producer on You and I, is a veteran Hollywood filmmaker who served as a producer on Fear and Loathing in Las Vegas and Dogtown and Z-Boys. On this, his first job in Russia, Nemeth had great hopes of engineering an environmentally friendly production. "I got laughed out of the building," he says. "They don't even have places to take recycling." The foreign director of photography on another film became frustrated with the Russian crew and resorted to ethnic insults; soon...

Author: /time Magazine | Title: The Reel Russia | 9/13/2007 | See Source »

...leads and theories, some quite elaborate, including the much discussed idea that an international ring of pedophiles stakes out children for days and then extracts them with military precision. Another possibility explored was that a desperate childless couple paid a professional kidnapper to find a child. The rise of Hollywood theories--a cabal of James Bond pedophiles?--stemmed from the lack of physical evidence...

Author: /time Magazine | Title: Who Killed Madeline McCann? | 9/13/2007 | See Source »

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