Saint John Of Las Vegas
| Budget: $3.8 million | Financed by: IndieVest |
|---|---|
| Domestic Gross: $102,645 | Domestic Distributor: IndieVest |
| Overseas Gross: $9,086 | Directed by: Hue Rhodes |
Starring: Steve Buscemi | Produced by: Spike Lee |
Saint John Of Las Vegas may have been made for a cheap $3.8 million, but its failure crippled the new financing system developed by IndieVest. Set up with a membership based model where members can choose the films to invest in, this critically savaged film would lose their investors everything they invested in after an estimated $5 million was spent on marketing. Saint John Of Las Vegas grossed just $102,645 before theaters take their percentage of the gross. The company would go ahead with a second film Knights of Badassdom, only to run out of funds and had to dip into the marketing expense fund to finish the film — and some shady behind the scenes shenanigans led the investors in these bombs to sue IndieVest. The film was released in a couple of overseas territories straight to video and was released theatrically in Russia to $9,086.