A production (typically movie) with sub-standard content then worsened exponentially by the inclusion of low-quality actors or musical tracks. Originates from the notion that the worst movie possible would both star Nicolas Cage and feature a soundtrack entirely by Nickleback. Hence the "double-nickle" origin.
Although attaining a cult following, The Room has remained one of the greatest double-nickle productions of our time.
by MillennialJargon October 14, 2015