The LA Times
http://www.latimes.com/business/la-fi-ct-bloody-disgusting-20111014,0,7282686.story
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According to The LA Times, the Collective and Bloody Disgusting say they will back a project called V/H/S. The feature-length picture is comprised of shorts by up-and-coming horror directors — including Adam Wingard (You’re Next), David Bruckner (The Signal), and Ti West (The Innkeepers).
No budgetary specifics have been revealed, but according to site runner Brad Miska V/H/S is being made for less than $1 million. More on this soon!