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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.
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Christopher · January 7, 2013 at 6:08 pm
Every single film you linked here is a documentary. Do we know how many of the 8000 that were actually made (an astounding number regardless), are documentaries?
I’ve long suspected funding programs like Kickstarter and Indiegogo were much more friendly to documentaries than narrative films. I suspect the percentage of the 8000 that are docs is quite high.
It would also be interesting to note the budgets and lengths of these films, especially the narrative/dramatic ones. Again, I suspect funding for short films and documentaries to far outstrip that for full-length narratives.
$85.7M / 8000 films = avg. ~$10,700/film.
Author comment by Philip · January 7, 2013 at 6:15 pm
I don’t have any more information than in the article I linked to at the top on Techdirt and where they linked to. I suspect you’re right, that documentaries would be easier to attract people to than narrative (as there’s usually some cause involved). Probably most were short films as well, agreed.
PappagalloProd · January 7, 2013 at 6:38 pm
RT @philiphodgetts: $86 million Film Fund!: With $100 million pledged and $86 m raised this is a serious film fund. http://t.co/1kZYBmvu
schmidtfilme · January 8, 2013 at 1:34 am
RT @philiphodgetts: $86 million Film Fund!: With $100 million pledged and $86 m raised this is a serious film fund. http://t.co/1kZYBmvu