President Obamas reelection campaign is betting big on Davis Guggenheims pro-Obama film, and paying about $20,300 per minute for the 17-minute film, Federal Election Commission records show.

Two payments totaling about $345,000 were reported by the campaign in November and January for Guggenheim Short Film, with the address listed belonging to Guggenheim Productions Inc., in Washington.

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Guggenheim, who also directed Al GoreAlbert (Al) Arnold GoreGOP becoming a cult of know-nothings Man seen with Pelosi lectern on Jan. 6 pleads guilty Judge says Gore, unlike Trump, 'was a man' and accepted election loss MORE’s Oscar-winning documentary “An Inconvenient Truth,” previously refused to reveal how much he was paid for making the movie, but admitted to taking a cut from his usual salary. 

The pro-Obama film will be available on BarackObama.com Thursday night. The Republican National Committee responded to the film with its own mock movie poster Thursday, depicting Obama laughing and playing golf under a banner that reads: After four years, the only bad thing they found about their time in office was that it was just too good.

The line refers to the directors remark last week that he couldnt find anything negative about Obamas first term to put in the film.

The news about the films cost was first reported by Daily Caller.

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