The _Telegraph _logo

Antonio Banderas is to star in Salty, Hollywood’s first crowdfunded film, it has emerged.

The new film, which is the largest equity crowdfunded project of all time, raised £1.9m in March last year on the SyndicateRoom platform.

More than 120 investors pledged capital towards the project, in exchange for 25pc of the film’s profits. The movie also raised £10m from external sources.

Antonio Banderas is to play the film’s lead, Turk Henry, an ageing rock star and reformed sex addict married to a supermodel who is abducted by pirates while on holiday in South America.

The film has been described as The Hangover meets Spinal Tap.

“Finally, three of my passions together,” Mr Banderas said of the role. “Cinema. Music. Humour.”

Salty will be directed by Simon West, the man behind box office hits Con Air, Tomb Raider, Black Hawk Down, and Expendables 2.

Simon West’s films have taken more than $1bn at the global box office.

Salty is forecast to gross $50m (£34m), based on the costs and revenue flows detailed on the SyndicateRoom prospectus.

Mr West said that having the Spanish actor on board guaranteed a “phenomenal picture”.

Filming will begin in June of this year.

Read more here.