After some observers saw the aspect of “unfair competition” with celebrities dipping their hands into crowd sourcing platforms like Kickstarter to obtain funding, the glaring question has risen. Should celebrities be using the crowd sourcing platform to fund their personal projects? Being celebrities, don’t they have enough sources within their own circles to make it happen without “depriving ” unknown project creators of the much-needed financial backing. Celebrity projects as it will turn out are only rivaled by Kickstarter games in terms of successful funding.
Reach Me The Movie
This project as proposed by John Herzfeld succeeded in obtaining a little over its $250,000 funding goal. Boasting of an all-star cast with the likes of Sylvester Stallone, Thomas Jane, Tom Berenger, Kyra Sedgwick, and Kelsey Grammer, Herzfeld decided to turn to Kickstarter when the movie project lost an investor. He was able to finish the picture alright and has since cancelled funding activities through the platform.
The Newest Hottest Spike Lee Joint
When writer/director Spike Lee turned to Kickstarter, he did so without much qualms. Claiming that he has used the crowd sourcing platform for some much earlier projects, he sees no reason not to use Kickstarter because he calls himself an Indie filmmaker. According to him, Indie filmmakers are always in search of funding, notwithstanding the fact that he himself is a wealthy filmmaker. Apparently, the financial backers see nothing wrong in it as well as evidenced by his successful bid for funding. He obtained a total of $ 1,418,910 from 6,421 backers, surpassing his funding goal of $ 1,250,000.
Amanda Palmer: The New RECORD, ART BOOK, and TOUR
This is not the first successful attempt to raise funding by musician Amanda Palmer. Having the double advantage of having a famous husband in the person of author Neil Gaiman, Palmer’s successful Kickstarter attempts have made a crowd funding evangelist out of her. The first project “An Evening with Neil Gaiman and Amanda Palmer” was successfully funded through Kickstarter in 2011 with its original funding goal of $ 20,000 surpassed with obtained pledges amounting to $133,341. This particular project had a $ 100,000 funding goal but obtained a whopping $ 1,192,793 from 24,883 backers. Palmer experienced a backlash when she tried to have musicians collaborate with her in exchange for free beer even after the very successful Kickstarter funding drive.
There are several other project proposals made by celebrities through the Kickstarter format. Not all have been successfully funded however. Whether or not these celebrities are actually taking funding opportunities from non-celebrity project creators still remains to be seen.
Originally posted on December 29, 2013 @ 2:52 pm