Zach Braff Kickstarter Project Gets Gap Financing

zach braff

$5 million film being shopped for foreign sales in Cannes

Worldview Entertainment has signed on to provide gap financing to “Wish I Was Here,” the independent film from Zach Braff getting lots of attention in recent weeks for raising funds on Kickstarter.

Because the film is scheduled to begin shooting in August, the production won’t have enough time to get bank loans against foreign pre-sale letters. Worldview essentially backstops those loans, supplementing the dollars raised on Kickstarter, which currently amounts to $2.6 million, and an unspecified sum Braff himself has ponied up.

“Worldview may end up providing nothing at the end of the day beyond the gap loan depending on how we do in Cannes,” said Stacy Sher, who is producing the film  with Michael Shamberg, Braff and his brother Adam Braff.

Wild Bunch is currently handling international sales for the film at the Cannes Film Festival; CAA will rep domestic rights.

“Wish I Was Here” is expected to cost $5 million, though possibly $5.5 million depending on where the Kickstarter contributions end up. The movie is aiming to shooting in Los Angeles, where its story is set.

There are still nine more days of crowdfunding to go on Kickstarter for the film, which counts more than 38,000 supporters to date.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 1

Leave a Reply

1 Comment

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

  1. If you’re looking for a film project to back that’s not made by a millionaire, check out my Kickstarter project, it launched yesterday. Not trying to spam here, I’ve just been hearing the controversy, a lot of people talking about what projects not to back, and not enough people talking about what projects are worth backing!

    I know a lot of indie filmmakers, and it’s very hard for us to get any attention without celebrity status or nepotism. If you don’t like what Braff is doing, consider venting your rage by voting for the small guy instead : )

More Film News from Variety