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Crowd-financing plays starring role in SXSW films

document Crowdfunding
Summary
The crowd-financing website Kickstarter.com has electrified the traditional structures of filmmaking, aiding 33 films at the South By Southwest Film Festival. That's 10 percent of the festival's entire slate. Even SXSW Film head Janet Pierson was surprised.
Description
Movies have been its biggest success. Of the first $140 million pledged via Kickstarter, $50 million was for movies. Earlier this year at the Sundance Film Festival, 17 films with Kickstarter backing played. The festival and the site announced a three-year program with the artist development nonprofit Sundance Institute.

Kickstarter recently, for the first time, crossed the $1 million mark repeatedly in funding a project. Strickler says the last four months have been "particularly nuts."

Often, the final results reveal perspectives not customarily embraced by film distributors.
Tags: crowd financing, Crowdfunding, Crowdsourcing, Funding goal, Kickstarter, South By Southwest Film Festival
Jayne Ann Posted by Jayne Ann
Mar 18, 2012 01:30 pm GMT Viewed 1244 times
Author: Mainichi Japan Source
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