Why invest in filmmaking? In the hope of a return? For the satisfaction of seeing a motion picture made that wouldn't exist without crowdfunding? Or for the thrill of being a patron or producer? Another Crowd looks at four stories in this week's news.
RealScreen.com looks at how filmmakers, particularly documentary makers, are using the Kickstarter platform. The article emphasises the strength of crowdfunding for enabling women and people of colour to get films made on topics they care about. The
The crowd funds a diversity of projects, which older styles of investment might not touch. The value created is about seeing the work done, more than getting a financial return. Kickstarter has taken the step of appointing a Director of Documentary Film, Liz Cook, to co-ordinate its efforts in this field.
Chris Newbould looks at the intricacies of film financing, and although he's writing for an Emirates newspaper, the articles focuses on the UK tax regime for movie production, including the advantages of the Enterprise Investment Schemes (EIS and SEIS.) His piece includes
His piece includes a case study of fundraising for a film with two box-office stars, That Good Night, starring Charles Dance and Oscar nominee John Hurt. This pair of articles are our recommended reading for serious investors who are looking for a return from film production.
Finally, Metro newspaper offers a list of six films currently crowdfunding on different platforms that it thinks are worth supporting. The films featured included a dance piece about gun violence, and a supernatural drama entitled Once An Old Lady Sat On My Chest.