James Franco seeks $500,000 in crowd-funding

[June 19, 2013]  NEW YORK (AP) -- Following crowd-funding campaigns from "Veronica Mars" and Zach Braff, James Franco is seeking to raise $500,000 to bankroll a trilogy of movies.

Franco on Monday night started a campaign on IndieGogo, a crowd-funding site that allows people to keep the money they raise even if the project doesn't come to fruition. Franco isn't trying to direct the films; he is raising money so that a collection of young filmmakers can adapt his 2011 short story collection, "Palo Alto."

Franco pledges to donate any profits from the films to Art of Elysium, a nonprofit that encourages entertainers to visit children with serious medical conditions.

Levels of contribution range from $10 for a copy of the screenplays to $10,000, which gets dinner with Franco and an executive producer credit.

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Online:

http://www.indiegogo.com/projects/
palo-alto-stories-by-james-franco

[Associated Press]

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