[thehotdon]

Here's a possible implementation of your idea that could help get the ball rolling.

1. Get a group of wealthy investors to select a well-known director and film that they would like to support. Ideally the people in charge of the creative side would be open to trying alternative business models.

2. Try to work out a reasonable budget to produce the movie. The overall cost should be much less than usual due to the complete lack of middle-men.

3. The investors provide funding to create an awesome trailer for the movie.

4. Using this trailer, the movie producers crowd-source funding for the movie. If this funding falls short, the investors are obligated to cover the difference. However, if the funding exceeds the movie's budget, the investors are rewarded accordingly.

5. The movie is completed and released into the public domain.