First ever crowdfunded Hollywood film stars Antonio Banderas

Spanish actor Antonio Banderas has accepted a role in the world’s first equity crowdfunded Hollywood film, Salty.

The film, which raised a record-breaking £1.9m (€2.4m) via crowdfunding platform SyndicateRoom, will star Banderas in the lead role.

Banderas, famed for cult classics including The Mask of Zorro, Desperado and Assassins, will play the lead as Turk Henry, an ageing rock star and reformed sex addict married to a supermodel who is abducted by pirates whilst on holiday in South America.

Described as ‘The Hangover meets Spinal Tap’, the record-breaking film is the largest equity crowdfunded Hollywood film project. It raised near £2m (€2.53m) when it broke new ground by inviting members of the British public to own a stake in the film’s profits.

“A talent like Antonio joining this picture symbolises a huge stamp of approval for our industry. Crowdfunding is well and truly growing up,” said Gonçalo de Vasconcelos, CEO and co-founder of SyndicateRoom.

A research report released by SyndicateRoom this month found significant opportunity for the entertainment sector to benefit from crowdfunding, with favourability towards the entertainment sector increasing by up to 50%.

“By opening up investment in Salty to the public, we expect to see even more investor-advocates for similar ventures. This could be a game-changing moment for the film industry and we’re proud to have played a role,” de Vasconcelos said.

“Finally three of my passions together, cinema, music and humour,” Banderas said.

Alicia Villegas
Alicia Villegas speaks Spanish and Italian and is Iberia Correspondent for InvestmentEurope. She was shortlisted for the Rising Star Award at the British Media Awards 2017 and Writer of the Year at the PPA Independent Publisher Awards 2016. Previously, she worked for almost three years at the seafood business website Undercurrent News as a market reporter. In Spain, she also worked for more than five years for several media outlets.

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