How Vin Diesel Leveraged His House To Complete 'Riddick.' Maybe He Should've Used Kickstarter

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by Tambay A. Obenson
August 30, 2013 2:28 PM
4 Comments
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Well, given what others of his ilk are doing nowadays, and doing successfully, he probably could've taken to Kickstarter to raise the funds he needed, instead of putting his house at risk to complete production on the upcoming movie.

Not that I'm encouraging it, but if others are having success with it, I certainly wouldn't protest if he did.

Vin Diesel reveals in a Hollywood Reporter profile, the tough road he had to travel in order to complete the 3rd film in the "Riddick" franchise, titled Riddick.

He details his 9-year battle to make the movie, which didn't have the financial backing of its predecessors, forcing the actor to use his own money to complete the project.

He tells The Hollywood Reporter, "I had to leverage my house. If we didn't finish the film, I would be homeless.

But Diesel goes on to say how much the risk he took makes him even more proud of the completed film: "It's a strange and unique sense of gratification, and it's not like any film I've done in the last 10 years."

Universal Pictures backed the last film, but not this time around however. The studio is only distributing the film this time around. Media Rights Capital, Radar Pictures and Diesel's One Race Films financed this 3rd film in the franchise. 

And when you don't have quite the same amount of money to work with as you did previously (the last film cost around $110 million), you tend to work a bit leaner and harder. Riddick costs a reported $38 million (still more than the first film, which, when adjusted for inflation, cost just over $30 million). 

For example, shooting was cut down to 47 days, compared to 85 on the last film, the cast and crew worked tighter and quicker, and, as noted, even with $38 million, Diesel still had to leverage his house. With a $38 million budget, not quite what a typical indie filmmaker has to work with, but still working with that old indie spirit.

And if the next film is a success, expect a 4th film, because, as THR says, plans another are already in the works, with director David Twohy currently writing the next installment. 

Maybe Diesel won't have to risk something else he treasures to help finance that one, assuming the next one, which arrives in theaters on September 6, is a box office smash.

Read the full THR piece HERE.

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4 Comments

  • Tony | August 30, 2013 7:10 PMReply

    Hard to feel sorry for someone that bankrolls blockbusters left and right. So if he lost millions on this wouldn't he be able to make back with a Fast Furious Film. Not hurting or strapped for cash alas Todd Solondz with his 2005 experimental actor project Palindromes. This is the third of a known series with a character that many have adored since the first film that overall feels like a John Carpenter Escape From... Film.
    The 2nd one was a bit of a mess and all over the place but sometimes sequels can be. Pitch Black and Terminator were straight up horror films and then the second one's of the series went for a full on sci-fi thriller action angle giving the main character who is rooted in evil a light heart.
    If he really wanted a risk, he would put up money for a REAL project to be proud of and make HANNIBAL as promised for the past decade or so. I have since already given up on Danny Glover's Toussaint film, issues over money, his best friend is Mel Gibson. Gibson could have executive produced or something...

  • Carl | August 30, 2013 11:03 PM

    Who's asking for you to feel sorry for him? He worked with what he has and made it happen. Fuck is wrong with that? Mel Gibson? WTF does he have to give Danny a hand out for? You sound naive as hell. Stop whining.

  • Dankwa Brooks | August 30, 2013 4:43 PMReply

    I blame the whole "mythology" they tried to build around Riddick. Dude was a cold blooded killer that did the right thing to save mostly himself. Lets keep it grimy and not try to turn him into this exalted figure.

  • Indira | August 30, 2013 4:11 PMReply

    If he doesnt believe in his project who will? Good job Vin Diesel for standing behind your project enough to use your own money.

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