Mid-Budget Films Are Dead? The Producer of 'Scream,' 'Ambulance' Begs to Differ

William Sherak and his partners at Project X Entertainment think there's room for success in movie theaters beyond Marvel franchises; they've already proven it this year with the revival of the 'Scream' brand, and they're out to do it again with a Michael Bay action movie. But that's just the beginning for this ambitious company intent on pursuing M&A in hopes of becoming Hollywood's next mini-major. 

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