LONDON – The theatrical rollout for Jules Bishop's quirky comedy Borrowed Time, starring Phil Davis and Theo Barklem-Biggs, will be bankrolled by cash raised from crowd funding service Kickstarter.
Produced by Olivier Kaempfer of Parkville Pictures, the moviemakers used the upstart alternative financing website to raise $30,000 to help bankroll its rollout after it landed in the U.K. from the U.S.
Selected for best of the fest at the Edinburgh International Film Festival last year, the movie is billed as a quirky, cross-generational comedy that tells the odd-couple story of a grumpy old man and teenage would-be burglar.
It is one of the first British movies to turn to the crowd funder to raise distribution cash.
The project is the seventh feature to emerge from Film London's Microwave project, set up to bankroll micro-budget British features.
The movie backers went to Kickstarter as the U.K. independent distribution sector and business models are currently facing harsh economic conditions with high release costs keeping MG's very low and back-end unlikely to filter through.
Carey Fitzgerald's sales and finance banner High Point Media Group said Thursday it has boarded the picture, taking on international sales duties to the title.
The movie made its market premiere as part of the London U.K. Film Focus in the annual sales and financing event's Breakthrough section in 2012, where High Point first saw the film.
"We've been overwhelmed by the support Borrowed Time has received in reaching our funding goal on Kickstarter," said Kaempfer. "We're delighted that it now ensures a theatrical release for the film, and we're very excited to be working with the dynamic team at High Point Media Group to take the film beyond that onto further platforms and territories."
With High Point boasting a fully dedicated TV division and its presence on the film sales scene, the Kickstarter model aligns with High Point's approach to split rights on the project. "We are hugely inspired by Olivier's adventurous spirit and find it really chimes in with our own approach", said Fitzgerald.
The agreement comes hot on the heels of filmmaker Adam Hamdy's deal to push his low-budget British comedy debut Pulp out via Microsoft's Xbox 360 Live subscriber platform.