The New Zealand International Film Festival’s Boosted campaign to raise $40,000 towards equipping Christchurch’s Isaac Theatre Royal for digital cinema has come up short. The campaign ended with only 40% of the target committed, meaning the $16,000 donated was refunded.
The NZIFF has now commenced a new Boosted campaign, with the lower target of $12,000. The campaign runs to early October. Donors have already committed close to $2,000.
In much better news for the Theatre Royal, The Christchurch Earthquake Appeal Trust (CEAT) has contributed $120,000 towards the digital fit-out. This comes on top of the $1 million CEAT committed two years ago to the rebuild.
The NZIFF is aiming at a $280,000 overall target to install digital cinema projection facilities in the theatre. So far, Christchurch City Council has committed $70,000 subject to the $280,000 fundraising target being achieved by October. CEAT’s $120,000 and other fundraising means the NZIFF has now secured $250,000.
The NZIFF hopes the second go around on Boosted, plus further funding applications, will get the project over the line.
The theatre is intended to reopen next year as 1250-seat venue.