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re: Zach Braff's Kickstarter Film Lands Full Financing

Posted on 5/16/13 at 10:06 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
183274 posts
Posted on 5/16/13 at 10:06 am to
quote:

You're all acting as if Braff had the ability to garner financing prior to the Kickstarter fund.



Braff himself said he had the financing deal lined up already. Go read the first lines of the kickstarter. It states...

quote:

I was about to sign a typical financing deal in order to get the money to make "Wish I Was Here," my follow up to “Garden State.”


Posted by LoveThatMoney
Who knows where?
Member since Jan 2008
12690 posts
Posted on 5/16/13 at 10:07 am to
quote:

Braff himself said he had the financing deal lined up already. Go read the first lines of the kickstarter. It states...

quote:
I was about to sign a typical financing deal in order to get the money to make "Wish I Was Here," my follow up to “Garden State.”


Huh...
Well that changes things.
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:10 am to
quote:

You're all acting as if Braff had the ability to garner financing prior to the Kickstarter fund.
that's where the problem comes in for me. if he wouldn't have been able to create this movie without the kickstarter campaign I would've been ok. it's the fact that he had all the available means to do it but he wanted complete tyrannical control over the movie so he refused the funding and solicited it from fans. comes off to me as a child throwing a tantrum when he realizes how the real world works
This post was edited on 5/16/13 at 10:11 am
Posted by stout
Porte du Lafitte
Member since Sep 2006
183274 posts
Posted on 5/16/13 at 10:10 am to
People like Braff can get money for their projects. They don't need Kickstarter and like Kevin Smith said it takes away funds from other true indie projects that have no connections and can't get funding.

All Braff's Kickstarter did was make $2.6 million more profit for him and the other financiers. It also makes some people pay for a movie twice.
This post was edited on 5/16/13 at 10:11 am
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:14 am to
quote:

stout
how do you feel about the veronica mars kickstater? i'm a little torn about it. it appears that unlike braff rob Thomas tried for years to get this going but was unable to get WB to fund it, also the cast is not exactly full of A lister millionaires except for Kristen bell and her net worth is not high enough to where this would've been a drop in the bucket financially for her to fund it. I am very concerned at the precedent it set however. Zach braff is showing why that is a legit concern.
Posted by stout
Porte du Lafitte
Member since Sep 2006
183274 posts
Posted on 5/16/13 at 10:20 am to
I feel the same way. VM is a project that wouldn't have happened without Kickstarter so that right there justifies it to a degree but I am fearful of the precedent it has set.

My concern is studios and publishers holding fanbases hostage in the future in order to mitigate their risk.

"Hey you want to see Iron Man 4? Well, we need to raise $10 million on Kickstarter before we start filming it."

That won't happen with franchises as large as Iron Man obviously but smaller projects that were going to get mad anyway could very well be exploited like that.

The best way to avoid this is to leave Kickstarter for what it was meant to be and maybe offer fan bases a true way to invest in your movie if you want to mitigate your risk but at that point they also become share holders who share in the return.
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:23 am to
quote:

maybe offer fan bases a true way to invest in your movie if you want to mitigate your risk but at that point they also become share holders who share in the return.
interesting idea
Posted by stout
Porte du Lafitte
Member since Sep 2006
183274 posts
Posted on 5/16/13 at 10:25 am to
It's been rolling around in my head since this mess started. The net would make it very easy to do that. The only issues would be the legal side of it all I assume.
This post was edited on 5/16/13 at 10:26 am
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/16/13 at 10:28 am to
quote:

For another, like most indie film projects, Wish I Was Here has zero deals in place for distribution, whereas the Veronica Mars movie already had one in place with Warner Bros. Digital when their campaign launched.
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:29 am to
quote:

For another, like most indie film projects, Wish I Was Here has zero deals in place for distribution, whereas the Veronica Mars movie already had one in place with Warner Bros. Digital when their campaign launched
WB refused to fund the movie you can't distribute it if you can't make it
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/16/13 at 10:32 am to
WB will fund it now that they have the money though. What's the difference with this?
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:46 am to
quote:

WB will fund it now that they have the money though
that have said this? I haven't really looked it up so you may be right.
quote:

What's the difference with this?
assuming what you said is true they refused to fund it at first so without the kickstarter campaign the movie would've never got made. Zach braff's movie was getting made regardless already had the funds in place and backers. can you really not see the difference between a movie being made and one not being made?


eta: also if wb has agreed to fund it rob Thomas should be forced to return the money donated
This post was edited on 5/16/13 at 10:48 am
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/16/13 at 10:48 am to
quote:

braff's movie was getting made regardless already had the funds in place and backers. can you really not see the difference between a movie being made and one not being made?


If it would have gotten made he would have made it 8 years ago?

Garden State was finished 10 years ago and he had the script ready a couple years after that. It's 2013 and he still hasn't filmed it not sure why would you think that.

It is getting filmed now with Veronica Mars because of the same reason. We both win
This post was edited on 5/16/13 at 10:50 am
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:49 am to
quote:

not sure why you think that.
uhhh because he said himself they had the money to make the movie
Posted by boom roasted
Member since Sep 2010
28039 posts
Posted on 5/16/13 at 10:50 am to
Don't like it? Don't give them money.

I don't see the issue.
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:51 am to
quote:

We both win
for now but a DANGEROUS precedent has been set
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 10:52 am to
quote:

Don't like it? Don't give them money.

I don't see the issue.
read the thread and you will see the issue. you may not care or agree with what we are saying but you are simplifying it to the extreme
Posted by boom roasted
Member since Sep 2010
28039 posts
Posted on 5/16/13 at 10:59 am to
quote:

read the thread and you will see the issue. you may not care or agree with what we are saying but you are simplifying it to the extreme


Just read the thread and I see the concern, but we're assuming the worst. Who knows why he needed the money. In the grand scheme of things, this is chump change in the movie business. I don't see a movie studio holding up a movie project until they can raise 10 million. They piss 10 million.

And the point still stands. If people are willing to give their hard-earned dollars to a movie producer (for whatever reason), that's up to them.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 5/16/13 at 11:03 am to
quote:

uhhh because he said himself they had the money to make the movie



link?
Then why wasn't it made the last 8 years?
Posted by Fearthehat0307
Dallas, TX
Member since Dec 2007
65256 posts
Posted on 5/16/13 at 11:04 am to
quote:

And the point still stands. If people are willing to give their hard-earned dollars to a movie producer (for whatever reason), that's up to them.
this would come at the expense of those that actually need kickstarter though. if kickstarter becomes flooded with every Hollywood actor or producer who wants to minimize their risk it will become the opposite of the intention of the site. those that actually have no money or available funds to create their projects that use kickstarter legitimately will be flushed out
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