100 Million Dollars Crowdfunded to Indie Film

In cased you missed it, Kickstarter has announced that over the last three years people have pledged over $100,000,000 to independent films on their platform.

60% of that in 2012!

I found the stats on the 8,600 successful film projects very interesting. 72% raised less than $10,000 and only 8% raised more than $100K.

Nevertheless, overĀ 85% of film projects that raised more than 20% of their goal were successful.

See Kickstarter’s announcement.

My take: crowdfunding must be an integral component of most if not all independent films, whether to raise funds, build an audience or both.

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