FORTUNE — Veronica Mars is back to solve a mystery: Can she raise enough money to fund her own movie, and is this the future of crowdfunding?
Rob Thomas, creator of Veronica Mars, the Warner Bros.-produced TV show about a high school student moonlighting as a private investigator, launched a Kickstarter campaign yesterday to attempt to fund a “movie to be released in early 2014,” according to the campaign page. The program was cancelled in 2007 after three seasons on UPN and the CW, but it maintained a strong cult following. Now Thomas and the show’s star, Kristen Bell (Forgetting Sarah Marshall, House of Lies) are both back to appease the masses — or at least entice them enough to open their pocketbooks.
The Kickstarter campaign set a record on Wednesday, raising more than $1 million in just over four hours. Its fundraising goal — $2 million in a month — was essentially a lock. The drive had raised $2.6 million by Thursday morning and had hit its goal around 9 pm ET Wednesday, just under 11 hours after launch.
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This overnight crowdfunding success is due in large part to Veronica Mars’ existing fanbase — jumping into the world of crowdfunding is much easier when you have a built-in audience to bring with you. But are crowdfunding platforms like Kickstarter or rival Indiegogo a place for major film or record studios to dump their old baggage? Could the bread and butter of the crowdfunding industry — independent artists, filmmakers, entrepreneurs, and playwrights — be crowded out by the big guys?

Thomas is not the first campaign organizer to try and leverage crowdfunding to finance a previously established product. Last summer, musician Amanda Palmer raised $1.2 million on Kickstarter to fund an upcoming tour and album with her band, The Grand Theft Orchestra. Previously one half of the band Dresden Dolls, Palmer had a solid following before starting her campaign. She later angered backers when she asked musicians to play with her on tour without paying them and hosted a TED talk titled “The Art of Asking” explaining her Kickstarter campaign views that left many wondering why $1.2 million wasn’t enough.
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A campaign on Indiegogo by the band OneRepublic raised nearly $90,000 following December’s Sandy Hook school shooting in Newtown, Conn., and more than $1.3 million was raised by an Indiegogo campaign last fall to try and finance a Tesla museum.
In the case of Veronica Mars, Warner Bros., whose parent company also owns Coins2Day and which still owns the rights to the show, balked at the idea for a movie multiple times before Thomas took matters into his own hands. “Their reaction was, if you can show there’s enough fan interest to warrant a movie, we’re on board,” wrote Thomas on the Kickstarter campaign page. “So this is it. This is our shot.” It appears as if Thomas will not be alone; Shawn Ryan, creator of the FX crime drama The Shield, tweeted out that a movie based on another one of his shows, Terriers, a critical darling that lasted only one season in 2010, could be next in line for crowdfunding assistance:
Very interested to see how this Veronica Mars kickstarter goes. Could be a model for a Terriers wrap up film.
— Shawn Ryan (@ShawnRyanTV) March 13, 2013
In the meantime, the little guys may want to thank Warner Bros. For taking a pass on a Veronica Mars movie, consequently sending a new slew of potential investors to the site. “When a large campaign like this happens,” says Ringelmann, “that brings the crowd.”
Mystery solved.