Yes, I agree with Jasonb... and i think that find some publishers is the most important step
You need offshore hosting for sure... hostgator will not allow you to host online movies site... but, maybe they will allow you if you take vps plan
I think it's not about what is the best niches that you're looking for... but how you can mastering a niche that could make some money for you......
I think article writing is the best market for now on... there are many people that needs hi quality articles in cheap prices
if i have that huge amount of money, i will build some top websites with my friend (i am maybe ? :D) and make it bigger together
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