Inocente, the story of a 15-year-old San Diego homeless girl wanting to become an artist, won the Oscar Sunday for best short documentary. It was also the first Kickstarter-funded film to win an Academy Award. It was one of the three Kickstarter-funded films nominated for an award; the other two being Kings Point and Buzkashi Boys. So far six Kickstarter-funded films have been nominated for Oscars.
Kickstarter is slowly and surely becoming a major force in the film business, something I noted in my post earlier this year. The Inocente win comes close on the heels of Kickstarter-backed films taking center stage at the Sundance Film Festival. According to Kickstarter, the total amount of dollars pledged to Film and Video projects is, as of today, $104.9 million. And in 2012, Kickstarter saw $57.96 million dollars pledged and 3,891 successfully funded projects in 2012.
When I interviewed Kickstarter CEO Perry Chen last year, I asked him if Kickstarter could perhaps upend the institutional control of the creative industries. Here is what he said:
we’re used to this industrial creative complex of movie studios, record labels and production houses. It wasn’t always that way. This is relatively recent in human history….any dent we can put into the machine we’re happy to do. I think we’re already seeing it. A lot of these things that are getting funded would not have been funded in any way.
Looks like fox is in the henhouse.