Dragon's Lair Movie Crowdfunding Exceeds Goal

It's happening.

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The new crowdfunding campaign for a Dragon's Lair movie has met its target. With 32 days still to go, the Indiegogo campaign for the film passed its $250,000 target; more than 3,500 people contributed.

In a somewhat awkward, but kind of endearing video statement, producers and animation veterans Don Bluth and Gary Goldman thanked fans for their support and promised continued updates going forward.

Bluth and Goldman, whose film credits include The Land Before Time, All Dogs Go To Heaven, An American Tail, and The Secret of NIMH, launched the original Kickstarter campaign back in October, at the time asking for $550,000. However, they later canceled the Kickstarter campaign and launched a new crowdfunding effort on Indiegogo in December.

$250,000 is not the Dragon's Lair movie's budget. Instead, it's the budget for a four-minute teaser that Bluth and Goldman will then use to pitch to Hollywood studios and other investors. Bluth and Goldman estimate that it would actually cost around $70 million to make the full movie when all is said and done, which is reportedly on the lower end of what animated films cost these days.

Dragon's Lair was originally released for arcades in the 1980s. Bluth and Goldman have said that it's Dragon's Lair, not any of their films, that fans know them best for. They estimated that there are "millions" of Dragon's Lair fans out there, 30 years after the game's original release.

More information about the Dragon's Lair movie is available on Indiegogo.

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