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Spike Lee Hits Half Million Dollar Mark On Kickstarter Campaign

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by Sergio
August 1, 2013 8:16 PM
2 Comments
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Spike Lee

Well this certainly has been “Spike Lee Week” here in S & A, which goes to show that, whether you love him or hate him, you’ll be dammed if you can’t ignore him.

Put that in your pipe and smoke it...

According to the project's Kickstarter page, Spike has already passed the half-million dollar mark, mainly due to New York Knicks supporters.

As of noon today, Spike has received 26 pledges of $10,000, with the perk being dinner with Spike and a courtside seat with him at a Knicks game. 

That's over half of the $510,046 from 2,509 pledges that Lee has raised in the first 11 days for the film, for which we know very little about, other than that it's about human beings who are addicted to blood.

A few of the pledges came after that heated interview with Spike on Bloomberg TV, which I posted earlier this morning, during which host Trish Regan questioned the director’s need to use Kickstarter, asserting he had the funds to finance the picture himself; which you have to realize is all of Spike’s Master Plan. Don’t think that for one second he was really angry at Regan for her comments.

Spike, if anything, is.a pro at getting publicity, and you could argue that she played right into his hands, that is, if it wasn’t pre-arranged before the interview aired.

No complaints from me. I love seeing a master at work.

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2 Comments

  • Adam Scott Thompson | August 1, 2013 11:06 PMReply

    A lot of films are produced by an independent investor(s). Kickstarter is no different. You're just taking it directly to the people now.

    There may come a time when the majority of films get born this way. By a producer, director or actor who can take the temperature of potential investors -- which moviegoers are, in a way -- to see if this is something they'd even pay for.

  • Relevant | August 1, 2013 11:39 PM

    Kickstarter is not the same as being a financial partner i.e. "independent investor(s)." A traditional investment instrument allows for the investor(s) to recoup their stake as well as ongoing revenue in perpetuity. Kickstarter allows one to invest in a film, receive some kind of gift for the investment, then leaves the originator with 100 percent of the revenue stream. That's not a knock on Spike, that's how the system is set up. Also, be aware that Kickstater's vig is substantial. With any of these projects you are basically buying the right to go buy a ticket to see it at some later date. It's all good and fun, but it's no more of an investment than buying a Happy Meal and McDonald's.

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