Editing Monty Python and the Holy Grail (section)

===Financing===
According to Gilliam, the Pythons turned to rock stars like Pink Floyd and Led Zeppelin for financing because no studio would fund the film, and the rock stars saw it as "a good tax write-off" because the top rate of UK [[income tax]] was "as high as 90%" at the time.<ref name="guardian">{{cite news|url=https://www.theguardian.com/film/2002/mar/09/features.phelimoneill|title=Snake Charmer-Monty Python and the Holy Grail was Terry Gilliam's first film as a director. Here he remembers how he taught the nation to laugh at castles|first=Phelim|last=O'Neill|date=9 March 2002|access-date=19 February 2018|work=[[The Guardian]]|quote=There was no studio interference because there was no studio; none of them would give us any money. This was at the time income tax was running as high as 90%, so we turned to rock stars for finance. [[Elton John]], [[Pink Floyd]], [[Led Zeppelin]], they all had money, they knew our work and we seemed a good tax write-off. Except, of course we weren't. It was like [[The Producers (1967 film)|''The Producers'']].|archive-date=5 September 2019|archive-url=https://web.archive.org/web/20190905112428/https://www.theguardian.com/film/2002/mar/09/features.phelimoneill|url-status=live}}</ref>  Idle and Gilliam had previously mentioned that [[Elton John]] also contributed to the financing of the film.<ref name="guardian"/><ref>{{cite news |url=https://twitter.com/EricIdle/status/788040709018308608 |title=Eric Idle 2016 Tweet |date=26 October 2016 |access-date=30 January 2022 |via=[[Twitter]] |archive-date=30 January 2022 |archive-url=https://web.archive.org/web/20220130192228/https://twitter.com/EricIdle/status/788040709018308608 |url-status=live }}</ref> A 2021 tweet by Eric Idle<ref>{{Cite web |url=https://twitter.com/ericidle/status/1369081521655619584 |title=Eric Idle Tweet |date=8 March 2021 |access-date=7 July 2021 |via=[[Twitter]] |archive-date=29 June 2021 |archive-url=https://web.archive.org/web/20210629234610/https://twitter.com/EricIdle/status/1369081521655619584 |url-status=live }}</ref> revealed that the entire original budget of £175,350 (about $410,000 in 1974) was provided by eight investors: [[Led Zeppelin]] (£31,500), [[Pink Floyd]] (£21,000), [[Jethro Tull (band)|Jethro Tull's]] [[Ian Anderson]] (£6300), ''Holy Grail'''s co-producer [[Michael White (producer)|Michael White]] (£78,750), Heartaches (a cricket team founded by lyricist [[Tim Rice]]; £5,250), and three record companies: [[Island Records]] (£21,000), [[Chrysalis Records]] (£6,300), and [[Charisma Records]] (£5,250), the record label that had released Python's early comedy albums.<ref name="Mental Floss">{{cite web|url=http://mentalfloss.com/article/65207/15-facts-about-monty-python-and-holy-grail|title=15 Facts about Monty Python and the Holy Grail|first=Sean|last=Hutchinson|date=16 June 2016|access-date=19 February 2018|archive-date=14 February 2018|archive-url=https://web.archive.org/web/20180214032038/http://mentalfloss.com/article/65207/15-facts-about-monty-python-and-holy-grail|url-status=live}}</ref><ref name=RS>{{Cite magazine |last=Grow |first=Kory |date=2021-03-09 |title=How Led Zeppelin, Pink Floyd, and Jethro Tull Helped Make 'Monty Python and the Holy Grail' |url=https://www.rollingstone.com/music/music-news/monty-holy-grail-python-led-zeppelin-pink-floyd-1138962/ |access-date=2024-09-15 |magazine=Rolling Stone |language=en-US }}</ref>  The investors also received part of the proceeds from the 2005 musical ''[[Spamalot]]''.<ref name=RS/>