Zach Braff’s Kickstarter Project Lands Full Financing at Cannes

Update: Zach Braff says that The Hollywood Reporter got their facts wrong and Worldview is merely providing a loan for gap financing. Read more in his latest Kickstarter update.
Just when you thought this whole Kickstarter thing couldn’t get anymore confusing than it already is, Zach Braff had to go and make it more complicated. Last month the internet lit up with strong opinions and heated arguments after Braff launched a Kickstarter campaign to fund his movie Wish I Was Here, a spiritual successor to Garden State. Many people questioned the ethics of a rich Hollywood actor asking fans to donate money to support a personal project, eventually prompting the founders of Kickstarter to post a response on their blog entitled Who is Kickstarter for?. Braff’s film went on to reach its $2 million goal in just 3 days and currently sits at $2.6 million. With the campaign still active, however, this week it has been announced that Wish I Was Here landed full financing at the Cannes Film Festival. Huh?
According to THR, well-known financier Worldview Entertainment has come on board to fund Wish I Was Here, which Zach Braff will direct and star in. Josh Gad and Mandy Patinkin also recently signed on for supporting roles in the film. The full budget is said to be less than $10 million.
Clearly this news is rubbing many people the wrong way and some are even calling for supporters to rescind their donations while the Kickstarter campaign is still active. However, it’s clear that the Kickstarter campaign was only intended to cover about 20% of the film’s total cost. What’s more, his movie probably would not have landed a financing deal without the massive boost in publicity that Kickstarter provided. It’s also worth pointing out that not all of the $2.6 million will go to Braff since Kickstarter takes a cut. What do you think, is Braff betraying his grassroots supporters or is it proof that Kickstarter works? Should people take back their donations while they still can?




































































