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‘Iron Sky’ to pay back crowd-sourced coin

Nazi spoof has made $10 mil since release

MOSCOW

The producers of whacky Finnish sci-fi Nazis-on-the-moon spoof, “Iron Sky,” are to start paying back investors who contributed around 10% of the movie’s $10 million budget via crowd sourcing.

Tero Kaukomaa, of Blind Spot Pictures, which produced the Finland-Germany-Australia coproduction, said a group of 280 mostly Finnish and German investors would begin to receive coin early next year.

The investors — fans who had been involved in contributing ideas and enthusiasm since the early days of the project’s planning — contributed a minimum of €1,000 ($1,300) with some putting in $13,000 or more.

The film has taken more than $10 million at the box office since its April release across Europe, Australia and the Far East and, to a limited extent, the U.K. and U.S.

“We have another year and a half to two years to go in terms of the release strategy with some territories like France just doing theatrical now while others, like the U.S., have already moved into DVD and Blu-ray,” Kaukomaa told Variety.

Investors, including public film funds in Germany and Australia, would first see a return of capital and later any profits, he added.

Blind Spot’s next project, a screen adaptation of graphic sci-fi novel “Jeremiah Harm,” will be directed by “Iron Sky” helmer Timo Vuorensola.

A co-production with Arnold Rifkin (“Live Free and Die Hard”) and BOOM! Studios founder Ross Richie, crowd sourcing will be used to generate ideas for alien characters in the film but not to raise money. Finance is coming from a more traditional model.

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