Posts Tagged Film Projects

Rising film backer Kickstarter readies for its closeup

Posted by on Friday, 6 January, 2012

Kickstarter, the powerhouse crowd sourced fundraising engine for an increasing number of creative projects, is poised to have a breakout winter as a film funder, with three of its projects on documentary short lists for the Academy Awards and more than a dozen films headed to the Sundance Film Festival. The recognition has been building but this year marks a big moment for Kickstarter, which is not just helping filmmakers bring their films and documentaries to life, but also providing help to some very high-quality projects.

Two films, Battle for Brooklyn and The Loving Story, were named to the short list for the feature documentary category for the Oscars, which are awarded in February. Another film, Incident in New Baghdad has been shorted listed for the Academy Award’s short documentary prize. Last year, another Kickstarter short documentary project, Sun Come Up, was actually nominated for an Academy Award but didn’t win.

For the Sundance Film Festival later this month, there are at least 14 Kickstarter projects that will be featured, up from five last year. The growing number of Kickstarter projects in Sundance comes after the fundraising platform announced a collaboration last year with Sundance to help provide branding, educational and promotional support to Sundance Institute alumni.

I talked with Perry Chen, the co-founder of Kickstarter about its success as a film fundraiser. Film is the biggest category of projects for Kickstarter, which has more than 4,000 projects dedicated to documentaries, movies and videos. More than million has been raised for film projects out of more than 5 million for all projects. Chen said he was excited about Kickstarter being able to help so many artists with a fundamental problem.

“It’s great. We need content to succeed. When you look up and down at artists, from those starting out to career artists, fundraising is incredibly hard to get. Just because someone has a track record, it doesn’t mean fundraising is easy for them,” Chen said.

Battle for Brooklyn makers Suki Hawley and Michael Galinsky

Suki Hawley, the co-director on Battle for Brooklyn, told me she turned to Kickstarter twice, first to help finish the film when her grant money fell short and then again to hire publicists after her film was short-listed for the Oscars.

“We couldn’t have finished the film without Kickstarter and it’s an example of bringing the community together and not relying on the 1 percent,” Hawley said. “Going to the community that is interested has been a revelation and a paradigm shift.”

Kickstarter has only been around since 2009, but it’s showing that it’s got a lot of potential as a fundraising tool. The fact that it’s helping push really big projects over the top is just a sign that its model has appeal to all kinds of artists. Will we see a feature film Academy Award winner get Kickstarter funding in the near future? Perhaps not. But Chen said many of the Kickstarter films at Sundance are also feature films as well, so who knows one day.

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Diving into the Film Industry

Posted by on Sunday, 18 July, 2010

It essential that you are able to get rid of all the hurdles that is keeping you from reaching your goal whenever you decide to become a part of the chaotic yet rewarding world of film making. The most common form of obstacle is financial obligation. The film industry doesn’t pay well at first; in fact, your first few jobs may be for no cost. That is why if you have financial obligations, you are already condemned from the beginning. It took me three years to land a job, three years after I made the final decision of starting a career in the film industry. It was painful to work a non-creative job in order to pay off my financial obligation, but I had to dig myself out of the hole I had created before I could follow my dream. If the reason why you are pursuing in a career in the film industry is because you love making movies rather than to earn money, then you now have a power over your competitors. Like or not, those who operate in the film industry will eventually become slaves to their respective jobs like everybody else.

They find themselves in a position where they are pressured to take jobs in order to pay their bills. On the other hand, those who are free to make their choices when it comes to projects have the chance to not only get work but also to accept job offers that will help further their careers. Spend time developing this freedom before you get locked into the life of a depriving artist. Pay off your financial obligation and create some sort of passive earnings.

If you are a creative person this tip will not seem sexy, but it will free you to be able to pursue your passion the way most people dream of their whole lives. The explanation why I fell in love with the film industry is the fact that it is more or less like a small sized, hyperactive economic system. Because film professionals are independent contractors and film projects only last three months to a year at a time, this industry is in a constant state of flux. Each movie is an entrepreneurial venture with so much motion and turmoil, things tend to take place at light speed.

You can succeed in the film industry almost immediately, a whole lot shorter compared with the total economy. Artistry is not sufficient to succeed. You need to be business-minded. This means that you have to acquire some business skills to put your ideas to reality. Most entrepreneurs are capable of balancing creativity and logic in their heads. Most people that are creative are great at coming up with ideas, but the fall short in terms of logical skills.


How Movie Reviews Affect Independent Film Financing

Posted by on Sunday, 11 July, 2010

Because of so many new technologies altering the way movie reviews and filmmaking are done, the financial environment of independent cinema in Hollywood is changing. It used to be private placement memorandums, and 900+ film financing distribution and production partners investing in Indie Films. Today it could be any willing investor.

This influences several areas: 1) There are now online schools where aspiring filmmakers can train and work with a mentor. 2) Traditional fundraising methods to secure film distribution are becoming outdated, while new funding opportunities for independent filmmakers are emerging.

Big productions are favored by international financiers. To fund blockbuster film projects in the past, New Zealand subsidies and German tax shelters have been used by many large studios. But what of the independent filmmaker? Where does funding come from for these projects?

The digital revolution is changing both the distribution of films and how they’re made. Independent filmmakers no longer need a large distributor because faster broadband now allows people to watch movies from their computer screens. Some films are simply available for anyone to purchase from the film’s website online. “The Fall of America and the Western World” is one such film.

In the future these changes will expand all of the opportunities for independent filmmakers who are hoping to receive funds for their film projects.

Current trends include companies online that are helping filmmakers finance their films by matching them with investors and/or distributors. Filmmakers from small towns can make use of these kinds of services.

It also helps when an independent filmmaker has good movie reviews from film critics for past film projects. These movie reviews lend credibility to filmmakers when they are seeking investors.

When it comes to online websites for filmmakers and investors, the way it typically works is that the filmmaker submits a description of their project or film for consideration. There are many investors registered on the website who can then access the list of projects at their own pace, and review those projects that are in need of funding. Because they can contact the filmmaker directly, the middlemen of old are no more.

Independent filmmakers are also assisted by some non-profit organizations to locate financing and distribution for their projects. They offer fiscal sponsorship to filmmakers, but don’t fund them. Sponsorship allows filmmakers to receive funding from sources that limit their funding to nonprofits.

Independent producers can also post website ads and information abour their projects on other websites that link them to investors.


How Movie Reviews Influence Independent Film Financing

Posted by on Sunday, 29 November, 2009

Because of so many new technologies altering the way movie reviews and filmmaking are done, the financial environment of independent cinema in Hollywood is changing. It used to be that only a little over 900 production and film financing distribution partners invested in Indie Films through private placement memorandums. Any willing investor could do it today.

Several areas have been influenced: 1) Filmmakers now have online schools where they can get training, learn about filmmaking, and locate a mentor in the industry to work with. 2) Traditional fundraising methods to secure film distribution are becoming outdated, while new funding opportunities for independent filmmakers are emerging.

Internationally, financiers favor big productions. In the past, many of the large studios have used German tax shelters, New Zealand subsidies, and pre-sales to fund big blockbuster film projects. But what about the small independent filmmaker? Where can he get funding for his projects?

Right now, the digital revolution is not only changing the way films are made, but how films are distributed. Independent filmmakers no longer need a large distributor because faster broadband now allows people to watch movies from their computer screens. Anyone can purchase some films from their websites. “The Fall of America and the Western World” is one such film.

Independent filmmakers who are hoping to get their film projects can look forward to the future when these changes increases their opportunities.

There are also online companies that match filmmakers with distributors and/or investor nowadays. Filmmakers from small towns can make use of these kinds of services.

It also helps when an independent filmmaker has good movie reviews from film critics for past film projects. These movie reviews lend credibility to filmmakers when they are seeking investors.

The filmmaker would submit a description of their film for consideration to these online websites. There are many investors registered on the website who can then access the list of projects at their own pace, and review those projects that are in need of funding. They in turn can directly contact the filmmakers, which cuts out any middlemen as was popular for film financing in the past.

Independent filmmakers are also assisted by some non-profit organizations to locate financing and distribution for their projects. They don’t fund filmmakers, but they do offer fiscal sponsorship. Sponsorship allows filmmakers to receive funding from sources that limit their funding to nonprofits.

Independent producers can also post website ads and information abour their projects on other websites that link them to investors.