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Post by Diet Kolos on Oct 24, 2023 19:02:04 GMT -5
In any case, there's obv nothing like Kicktraq this time around, so it'll be harder to track the momentum/trend. The campaign looks to have gone live at Noon eastern today. So we'll have to see how it does after 24hrs.
The first day of the G'Plex KS raised $1,584,000 via 7,887 backers.
At 8 hours in, Season 14 campaign so far is at $588k via 3,035 backers. Will document where it is noon tomorrow.
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Post by kracker on Oct 24, 2023 19:25:39 GMT -5
Well lookee there, what did I say, no more Kickstarter, done themselves this time.
a lot of things to say about this obviously but i guess start off with the big thing which is that the top goal is $7.5 million when the previous kickstarter made 6.5. (Blame inflation i guess?). So this will be paying for the whole season instead of supplementing it. But maybe some of the money is going towards improving this show with buying warehouses, studios, offices, and such? Questions question questions and i hope they will be asked.
Certainly wont be spending as much as I did last time, but then again, I actually got most of the money I spent BACK from selling my rewards, so it was no big deal and it amounted to me buying a pass and blu-ray, which i'll at least be buying anyway since id be buying if they weren't collecting the money the fundraiser way.
We'll see how this goes, sucks that there's no kickstarter tracker to gives us projection data. I mean, the previous top goal of 5.5 million is doable, but i don't see how they are going to reach $7.4 million, but at the same, I wouldn't be surprised if they actually got it, considering the surprises from the previous two KS.
Also they should abandon this "surgically enhanced" episode bullpoopie, i dont think people cared very much about that.
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Post by kracker on Oct 24, 2023 19:34:13 GMT -5
In any case, there's obv nothing like Kicktraq this time around, so it'll be harder to track the momentum/trend. The campaign looks to have gone live at Noon eastern today. So we'll have to see how it does after 24hrs. The first day of the G'Plex KS raised $1,584,000 via 7,887 backers. At 8 hours in, Season 14 campaign so far is at $588k via 3,035 backers. Will document where it is noon tomorrow. Yeah all we can do is look at the previous data. Doesn't kicktraq track other platforms? now the first day of K2 was $1,584,000 via 7,887 backers but the first day of K1 was $803,216 via 6,863 backers. I'd say clearing a million the first day easily would be a good sign. also there was no announcement that this was going live, which youd think they would do as a way of getting the most out the 32 days of fundraising, with a new fundraising platform people are unfamiliar with. So i dont get that.
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Post by Diet Kolos on Oct 24, 2023 19:51:03 GMT -5
I found out via a nondescript email that I thought was just yet another update about the shipping of stuff from the GPlex KS. Which I promptly ignored...until I logged in here and saw a thread about it.
I looked around, there were a few minor "nerd" website press things announcing it, but nothing BIG. I'm sure there's going to be something more newsworthy in the coming week. That's how these things usually work. Launch, the super invested people get in early, then they start wheeling out the eye candy to get fence-sitters.
In any case.... Interesting thing I just noticed. Ran the initial KS #'s thru an inflation calculator vs the 2nd KS#
First KS Final#: $5.764 mil Second KS Final#: $6.518 mil
$5.764 mil in 2015 money adjusted to 2021 when the 2nd KS was? 6.589 mil. Almost exactly what the 2nd KS brought in (very slightly less, it ended up making 99% of the 2015 adjusted #)
$6.518 mil in 2021 to today's money: $7.4 million. The EXACT amount they're asking for to make 12 episodes of Season 14.
They put a decent amount of thought into this, I'll give them that. It'll be very interesting to see what they end up with. Looking around Twitter, Youtube, etc, there's quite a bit more sour sentiment regarding the last season and people's willingness to chip in as much or at all. We'll see.
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Post by kracker on Oct 24, 2023 19:59:39 GMT -5
As if everyone was all sunshine and rainbows about the Gizmoplex drive and had nothing but fond things to say about NuMST3K. Plently of sour grapes to go around last time too and it made its money regardless.
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Post by monkeypretzel on Oct 24, 2023 20:25:38 GMT -5
I'm actually surprised by the amount of people saying they're going to pass this time, and also about the many different reasons why.
I would not be surprised if the fundraiser makes its goal. I would also not be surprised if it doesn't. A whole lot is going to depend on what they do for Turkey Day and whether they can bring in enough casual fans those last two days. I have the impression that they really didn't want to launch until the strike was over but their hands are tied because of tying in the Grand Finale to Turkey Day and Black Friday.
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Post by kracker on Oct 24, 2023 20:34:11 GMT -5
I'm actually surprised by the amount of people saying they're going to pass this time, and also about the many different reasons why. I would not be surprised if the fundraiser makes its goal. I would also not be surprised if it doesn't. A whole lot is going to depend on what they do for Turkey Day and whether they can bring in enough casual fans those last two days. I have the impression that they really didn't want to launch until the strike was over but their hands are tied because of tying in the Grand Finale to Turkey Day and Black Friday. Why surprised? Same amount of people as last time, people here laughed at it and predicted it wouldnt even make a million with the amount of people unhappy about nuMST3K and dismayed over having to do another kickstarter, and numerous other reasons as well. You act like this is all new. The writers strike and getting shipping done were probably the main factors, they needed an idea of when they would be able to start and also wanted to complete shipping so they could have all those hands on deck for the fundraiser. The actors strike isnt a big deal because they still have to pick and secure movies, write the episodes, do pre-production, etc. Its pretty guaranteed that the actor strike will be over come actual production time in, what, six months tops? EDIT: From the FAQ: Our pre-production schedule of writing, designing, and building will take about six months before the cast has to get on camera.I guess it makes me feel a bit better about them starting so late. Apparently, MST3K would not be a WGA/SAG approved project to continue during the strike so production would have been shutdown at some point anyway and we wouldn't see episodes until sometime after the strike ended.
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Post by Diet Kolos on Oct 24, 2023 20:42:45 GMT -5
More inflation math and some metrics for what they're looking for to reach the highest goal:
Average backer pledge for KS2 in '21: $178.21 Adjusted for inflation, the avg backer pledge level for the same # of backers (36,577) to reach the $7.4 mil price-tag: $202.42
The current average backer pledge is: $193.55
Can probably make some very basic projections based on participation and comparisons to the last KS after 24-48 hours.
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Post by kracker on Oct 25, 2023 2:58:54 GMT -5
Went ahead and pledged. Got the Digital Bundle (which is pretty much the Season Pass) and the Blu-ray, which seems to be the most popular combo, with TWO-THIRDS of pledgers opting for the Digital Bundle. The Season Pass is $85 which amounts to the Gizmoplex being a $7/mo subscription. The Blu-ray is also a good deal. I'll invest more if the campaign goes well.
The big question I have is how the reduced amount of overhead is negated by Rewards and Support now taking up almost a third of the take, despite not only there being less rewards, but the campaign claiming most of the reward money is going toward the show anyway, for example they stand to make $50 profit on every T-shirt). Currently, roughly half of the money is going to those lower-tier non-merch rewards so they would really mean more like only 15% would be going to Rewards, which only amounts to printing up shirts, stickers, and bandanas. No snowglobes or those lovely breakables this time.
The physical reward system is now a la carte; all physical rewards are separate so there are no unwanted shipping costs like last time.
Also in the pledge options, you have the option to cover the overhead fees for your campaign pledge, which is illustrated as claiming 5% of the take. Once again, purely optional.
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Post by Diet Kolos on Oct 25, 2023 11:03:24 GMT -5
Day 1 totals:
$770,261 via 3,958 backers Avg pledge: 194.60
Day 1 totals for the GPlex KS:
$1.584,108 via 7,887 backers Avg pledge: $200.85
Comparisons for the first days:
Daily money raised in the current campaign on Day 1 was 48.6% of what was raised in the last KS, via 50.2% of the # of backers
Still too early to extrapolate a real trend.
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Post by BoB3K on Oct 25, 2023 11:08:49 GMT -5
And original KS Day 1: $803,216 via 6863 backers Avg pledge: $117
That was the big difference from 11 to 13 --> less people but more money per.
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Post by Troy's Dad on Oct 25, 2023 11:10:38 GMT -5
I just wanted to mention that Matt McGinnis has been an essential part to MST3K since meeting Joel in 2012 and is pretty much second to Joel. His name appears in the credits to every episode and he has been one of the key people in every funding campaign. So it's a bit flippant to say "who is this guy" and fumble his name when anybody following MST3K since the revival should be aware of who he is. Given how obsessive some can be with MST3K minutia, I just found it kind of lazy and rude to react to Matt like that. That's all.
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Post by Diet Kolos on Oct 25, 2023 11:16:14 GMT -5
Perhaps more elucidating figures:
The day 1 money and backer totals for KS2 ended up being 24.3% of the total $ raised and 21.5% of the total backers.
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Post by BoB3K on Oct 25, 2023 11:49:16 GMT -5
Right, with about that much or more on the last day. But that's actually pretty common for successful KSs--most of the money comes in the first 2 or 3 days and last 2 or 3 days. I wonder how that will compare on this internally ran campaign.
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Post by kidflash on Oct 25, 2023 13:25:27 GMT -5
I do plan on chipping in, but I'm going to wait until the end of the campaign. Bills first! Also they should abandon this "surgically enhanced" episode bullpoopie, i dont think people cared very much about that. Unless you're going whole hog and using a film print plus tweaking the BBI footage so that's HD, it's barely an enhancement.
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