Crowdfunding at the rescue of Iron Sky

Watch out of the dark side of the moon, the Nazis are hiding there and want to invade the Earth!

This weekend I had the opportunity to see the projection of Iron Sky, a dark science fiction comedy from the creators of Star Wreck. The film is a Finnish-German-Australian co-production, with a budget of about 7.5 million euros, from which 1 of those millions has been crowdfunded.

 

Director Timo Vuorensola presented his film “Iron Sky” in premiere at the Brussels International Fantastic Film Festival (BIFFF).  His production, after the first round of financing, faced a shortage of capital. So they turned to their fans for cash, collecting over a million euros. That sum was then used to convince the “traditional” investors to double that amount, completing the 3 millon euros needed  to finish the film, and proving that crowd-funding is a very effective way to rise capital, even on difficult times for the economy.

Not only they reached the crowd for money, but also to collaborate with scripts, sounds, extras and creating all the marketing buzz around the film.  It is a good success story for the crowdsourcing model.

And by the way, I liked the movie : – ) )

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