Well if we got enough people together it would be pretty cheap, maybe 15 or 20 bucks or so with inflation. And we could fill the movie upfront, and create some previews and launch an advertising campaign -- that'd certainly help drum up interest and get more people to crowdfund. Best even to just collect their money as right before they watch it so they know they aren't getting scammed and will in fact get to watch the movie they are crowdfunding. We can also crowdfund some popcorn machines and communal viewing rooms, after all people will want to have a snack and watch their crowdfunded movie with friends and family.

That was a lot of snark :-) I know what you're saying. It's not clear to what degree the film industry would be viable in its current form though without IP rights. If everyone can watch the latest marvel film at home for free, are they going to be willing to pay to see it in theaters?

There would likely still be some demand for the experience, but the tickets would need to be more expensive to recoup the costs of making the film. At that point: it does seem like people pooling together their funds to fund the movie itself isn't insane. The point is that the "investors" wouldn't be investing in the hopes of a financial return, they'd be paying for the creation of the film.