Sunday, June 16, 2024

Magician Penn Jillette (of Penn & Teller) Seeks $1Mil for Film from Crowdfunding


I thought if you were Penn & Teller and you needed a million dollars, you just waved a magic wand. Apparently not. Penn Jillette is raising $1 million on crowdfunding site The money’s for a movie called “Director’s Cut,” directed by Adam Rifkin, who made “Look” and its Showtime series.

Jillette promises to put the name of every investor on the end credits of the movie. He says in a press release: “Crowdfunding through is a great way to grab art away from Hollywood and give fans the power to help create this movie.”

The crowdfunding craze with films by names in the business got its start with the “Veronica Mars” movie. Then Zach Braff used it to launch his new film. Sometimes it works and sometimes it doesn’t. James Franco tried to raise a half million dollars this summer on for three indies and only realized 66% of his goal.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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