Cassian Elwes’ Movie Collective Hits Target, Anjelica Huston Film ‘Utopia Road’ Financed (Exclusive)
Movie Collective, the crowdfunding venture launched by producer Cassian Elwes and filmmaker Marcus Markou, has hit its first investment target, clearing the way for Anjelica Huston picture “Utopia Road” to enter production.
The new venture set out to raise an initial £500,000 and hit that target this week ahead of the June 20 deadline. The first-round investors, 458 in all, hold 15.17% in Elwes and Markou’s Movie Collective. The company said they will get dividends and a share in profits. The founders do not get a dividend until the investors have recouped half of what they put in.
Backers buy into the Movie Collective slate rather than specific projects, which is the usual crowdfunding model for indie projects. The company’s stated aim is to “get indie films financed in a landscape dominated by big-budget studio fare.”
“Utopia Road” is the first Movie Collective picture out of the gate. Huston (“The Addams Family...
The new venture set out to raise an initial £500,000 and hit that target this week ahead of the June 20 deadline. The first-round investors, 458 in all, hold 15.17% in Elwes and Markou’s Movie Collective. The company said they will get dividends and a share in profits. The founders do not get a dividend until the investors have recouped half of what they put in.
Backers buy into the Movie Collective slate rather than specific projects, which is the usual crowdfunding model for indie projects. The company’s stated aim is to “get indie films financed in a landscape dominated by big-budget studio fare.”
“Utopia Road” is the first Movie Collective picture out of the gate. Huston (“The Addams Family...
- 6/14/2018
- by Stewart Clarke
- Variety - Film News
Similar News
A Good Girl's Guide to Murder: Netflix Picks Up BBC Series Based on Young Adult Novel by Holly Jackson
- 4/23/2024
- by TVSeriesFinale.com
- TVSeriesFinale.com
The Haunting (1999) – The Test of Time
- 4/23/2024
- by Andrew Hatfield
- JoBlo.com
Netflix Continues a Popular Trend with ‘Garouden: The Way of the Lone Wolf’ Anime, Based on 39-Year-old Martial Arts Novel Series
- 4/23/2024
- by Aaheli Pradhan
- FandomWire
The Thursday Murder Club could star Pierce Brosnan, Helen Mirren, Ben Kingsley
- 4/22/2024
- by Cody Hamman
- JoBlo.com
Fans Vote Killmonger as the 5th Best MCU Villain
- 4/16/2024
- by Valentina Kraljik
- Fiction Horizon
‘Death Proof’ Star Zoë Bell Directing Rock Climbing Thriller ‘Free Fall’
- 4/16/2024
- by John Squires
- bloody-disgusting.com
‘The Hunting Wives’ Adds Karen Rodriguez, Michael Aaron Milligan & Hunter Emery
- 4/23/2024
- by Rosy Cordero
- Deadline Film + TV
Emma Roberts Turns Her $3.4 Million L.A. Home Into A ‘Grown-Up Doll House’
- 4/17/2024
- by Baila Eve Zisman
- Uinterview
Marco Perego-Saldaña & Zoe Saldaña On Their Hope ‘The Absence Of Eden’ Will “Open Conversation” About The U.S. Border Crisis
- 4/12/2024
- by Carita Rizzo
- Deadline Film + TV
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
‘Deadpool and Wolverine’ Trailer: Hugh Jackman and Ryan Reynolds Fight to the F—ing Death in Raunchy MCU Debut
- 4/22/2024
- by Diego Ramos Bechara
- Variety - Film News
Netflix to Present Sneak Peek of New Wallace & Gromit, Zack Snyder’s ‘Twilight of the Gods’ at Annecy
- 4/22/2024
- by Scott Roxborough
- The Hollywood Reporter - Movie News
‘Lord of the Rings’ Owner Embracer to Separate Into Three Standalone Publicly Listed Entities
- 4/22/2024
- by Naman Ramachandran and K.J. Yossman
- Variety - Film News
‘The Jinx’ Director Andrew Jarecki Feared for His Safety Before Robert Durst Arrest
- 4/23/2024
- by Jackie Strause
- The Hollywood Reporter - Movie News
Padma Lakshmi on Her Post-‘Top Chef’ Career Shift to Comedy: “I Want to Be the Funniest Person in the Room”
- 4/23/2024
- by Kevin Dolak
- The Hollywood Reporter - Movie News
Meg Bennett, Soap Opera Actress and Writer, Dies at 75
- 4/21/2024
- by Mike Barnes
- The Hollywood Reporter - Movie News
Chuwi is the Voice of a New Puerto Rican Generation
- 4/23/2024
- by Juan Arroyo
- Popsugar.com
Camila Mendes on Why We Need More Latine Representation in Rom-Coms
- 4/22/2024
- by Brenda Barrientos
- Popsugar.com
Saraciea Fennell: "The Black Girl Survives in This One" Is the Representation I Didn't See in Horror Books
- 4/22/2024
- by Saraciea Fennell
- Popsugar.com
Tell Me Más: Bodine Talks New Album "Quemo Lento" and Growing From Hardships
- 4/22/2024
- by Juan Arroyo
- Popsugar.com
‘Exhibiting Forgiveness’ Acquired by Roadside Attractions
- 4/23/2024
- by Samantha Bergeson
- Indiewire
’20 Days In Mariupol’ & ‘The Eternal Memory’ Among Early 2024 Peabody Awards Nominees
- 4/23/2024
- by Gregory Ellwood
- The Playlist
‘Blink Twice’ Trailer: Channing Tatum & Naomi Ackie Star In Zoë Kravitz’s Crazy Trapped-On-An-Island Thriller
- 4/23/2024
- by Edward Davis
- The Playlist
What’s Behind the New Animation Oscar Rule Change? Easier Crossover Qualification
- 4/23/2024
- by Bill Desowitz
- Indiewire
‘Blink Twice’ Trailer: Channing Tatum Leads All-Star Lineup for Zoë Kravitz’s Twisted Directorial Debut
- 4/23/2024
- by Samantha Bergeson
- Indiewire
‘Deadpool and Wolverine’ Trailer: Hugh Jackman and Ryan Reynolds Fight to the F—ing Death in Raunchy MCU Debut
- 4/22/2024
- by Diego Ramos Bechara
- Variety - Film News
Blink Twice Trailer Reveals Zoë Kravitz's Directorial Debut (& Everyone Is Dead)
- 4/23/2024
- by Sandy Schaefer
- Slash Film
Roadside Attractions Buys Titus Kaphar’s Acclaimed Sundance Drama ‘Exhibiting Forgiveness’
- 4/23/2024
- by Brent Lang
- Variety - Film News
‘Exhibiting Forgiveness’ Acquired by Roadside Attractions
- 4/23/2024
- by Samantha Bergeson
- Indiewire
’20 Days In Mariupol’ & ‘The Eternal Memory’ Among Early 2024 Peabody Awards Nominees
- 4/23/2024
- by Gregory Ellwood
- The Playlist
Netflix to Present Sneak Peek of New Wallace & Gromit, Zack Snyder’s ‘Twilight of the Gods’ at Annecy
- 4/22/2024
- by Scott Roxborough
- The Hollywood Reporter - Movie News
Jon Stewart Slams Media’s Trump Trial Coverage for Reporting ‘Mundane Bulls—‘ as ‘Earth-Shattering’ News: ‘What the F— Are We Doing?’
- 4/23/2024
- by Zack Sharf
- Variety - TV News
‘Under the Bridge’: Lily Gladstone & Riley Keough on Infiltrating Hulu’s True-Crime Drama (Video)
- 4/23/2024
- TV Insider
Hollywood Reporter Veteran Victoria Gold Joins Variety Sales Team
- 4/23/2024
- by William Earl
- Variety - TV News
Late Night Cleans Up at 2024 Webby Awards
- 4/23/2024
- by Nick Riccardo
- LateNighter