A $100 million film fund is not to be ignored, and this one comes from the fans as outlined by Mike Masnick in $100 Million Pledged To Indie Film On Kickstarter… And 8,000 Films Made. Some of the highlights:
- $100 million pledges ($86 million raised as some projects did not get fully funded). $60 million in 2012 alone.
- 8,000 movies actually made, 86 with theatrical release.
- three of the 20 best-reviewed films of 2012 are Kickstarter-funded (The Waiting Room, Brooklyn Castle, and Ai Weiwei: Never Sorry).
- Two Oscar nominations: in the past two years: Sun Come Up and Incident in New Baghdad. A third, Barber of Birmingham, launched a project after being Oscar-nominated.
- Three documentary features and two documentary shorts are currently shortlisted for Oscar nominations in 2013: The Waiting Room, Detropia, Ai Weiwei: Never Sorry, Inocente, and Kings Point.
- 10% of the films submitted to Sundance or SXSW and Tribeca film festivals.
- 16 films broadcast on HBO, PBS, Showtime, and other networks.
That’s a pretty decent film fund, and fairly successful at that.