"Draw up the standard rich and famous contract!"

Hollywood! You're crazy and I love you. The YouTube video depicting a giant robot attack, "Ataque de Panico (Panic Attack!)" by a previously unknown filmmaker from Uruguay, Federico Alvarez attracted not just hundreds of thousands of YouTube videos but the attention of Mandate Pictures, with Sam Raimi attached to produce. 

The company, which also backs Raimi's Ghost House imprint, has announced the short film, shot for scant $500 (yes), will become a $30 million feature length. Alvarez gets a cool $1 million directors fee as part of the deal. He's also signed with the LA-based talent agency CAA.

Take a look at Panic Attack: