I'm really not sure this is going to work. Not because it's been funded, but because it's being funded too much. If the Kickstarter continues at the rate it has so far it will end around $1.5 million -- I'm sure it will slow down some in the middle, but still, we're talking orders of magnitudes above the $55000 "fair market value" the Rifftrax people were guessing. The problem is, from a negotiating standpoint, Summit Entertainment now knows * exactly* how much RiffTrax has to spend, and knows that Rifftrax is financially beholden to a bunch of investors/fans to deliver something. I don't see any reason why Summit (or any other company Rifftrax goes to to get a "blockbuster" movie) won't just say, "We want the Kickstarter amount, plus $10,000 because we know you can't disappoint your investors." It seems to me this is going to guarantee Rifftrax has to ludicrously overpay for the movie, and maybe hurt the company financially in the process.
On Monday, February 25, 2013 7:37:37 PM UTC-6, cwpreston wrote: > > > > http://www.kickstarter.com/projects/90538351/rifftrax-wants-to-riff-twilight-live-in-theaters-n?utm_source=RiffTrax+Mail&utm_campaign=5fed635d21-Kickstarter_02212013&utm_medium=email&mc_cid=5fed635d21&mc_eid=e4c7b4821c -- You received this message because you are subscribed to the Google Groups "The Unique Geek" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/theuniquegeek?hl=en. For more options, visit https://groups.google.com/groups/opt_out.
