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Portuguese artists rely on crowdfunding as state support runs dry

article Crowdfunding

Description Refusing to quit, Luis Tinoco, like other artists here, improvised. In his case, he tested Portugal's first ever Internet crowdfunding company, PPL, to raise the final €3,000 needed to finish his orchestral work.

"It worked," he said.

In 30 days, Tinoco reached and surpassed his fundraising goal. But he was nervous too. While Kickstarter made crowdfunding mainstream in the United States, it's still new in Portugal. That's because artists here are used to institutional funding. Panhandling directly from the public is unheard of.

SOURCE LINK to full article: http://www.pri.org/stories/arts-entertainment/arts/portuguese-artists-rely-on-crowdfunding-as-state-support-runs-dry-11328.html

Tags: Artists, Crowdfunding, Crowdsourcing, Europe, Kickstarter, Luis Tinoco, Music, Portugal, PPL

Posted by Benjamin Fossel

Sep 03, 2012 10:41 pm GMT Viewed 1081 times

Author: pri.org Source

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Portuguese artists rely on crowdfunding as state support runs dry

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