Untapped Crowdfunding Site For Filmmakers

As a filmmaker, one of the challenges you face is how to finance a film. When I was starting out, things were much different. Back then, if you wanted to finance a movie, you had to cross your fingers and wait for someone to grant you permission…

The problem is, many people in Hollywood are still waiting for someone else to give them permission. Permission to make a movie. Permission to be successful. Permission to live the best life possible. UGH!

Here is a little secret. If you’re looking to raise money for your movie, set up a crowdfunding campaign. This allows you to test your concept from day one. And if successful, crowdfunding also allows you to find the people who may be most interested in your movie. In addition to providing you with funding, some of these folks will help you spread word of mouth.

Earlier this week, I got a call from Micro Giving asking if I thought filmmakers would be interested in their crowdfunding platform. After checking out the site, I signed up to be their affiliate (so yes, I get paid to promote). But with that said, the reason why I think it’s worth checking out for filmmakers is… Competition.

The site has a ton of sponsors, but it does not yet have too many other filmmakers competing for the sponsorship monies. In fact, at the time of writing, there are very few film projects on the site. (And I know you could do better.)

Anyway, if you want to check out the site for a possible crowdfunding campaign – YOU CAN SET UP A FILMMAKING CROWDFUNDING CAMPAIGN  HERE

 

Posted under FILM FINANCING

Distribber for Distribution

I often promote the movie distribution solution called distribber. For those of you who are not familiar with distribber, it’s a company that allows you to access the popular video on demand marketplaces, like iTunes and Amazon without the middle-man.

And if you have submitted your movie to the company, odds are good you got a phone call from me. And the question you may have asked during the call is, why does distribber charge money up front?

The reason for this charge is because the folks at distribber have to go through all sorts of technical stuff to get your movie into the various marketplaces. Additionally, unlike other companies, distribber does not lock you into an exclusive distribution deal. And with the exception of an inexpensive yearly maintenance fee, distribber does not take ownership on the back end.

The thing to keep in mind is, in the world of modern VOD distribution, YOU must become your own distributor. And this means YOU will be in charge of sourcing the audience. But if you think about it, even with a traditional dvd distributor – when those folks lock you into a traditional deal, and then take your rights for VOD, you need to be careful.

A traditional DVD distributor may not do anything to help you source an audience. So you need to ask yourself, what is the value in the deal? I mean if you can get into iTunes yourself, why give your rights to someone else?

Distribber is owned by IndieGoGo.com – If the upfront distribber fee is an obstacle for your, I highly recommend creating a crowd funding campaign on Indie GoGo and raising your distribution money there. Then take the money and get your movie into distribber.

Come on. The world is waiting!

Also, most people ask me how to market and sell movies. I recommend checking out the independent producer’s guide to digital distribution.

 

Posted under DISTRIBUTION

Crowdfunding and Independent Movie Distribution

DVD-R bottom side

Image via Wikipedia

A few weeks back I gave a talk and was surprised that many filmmakers in attendance had never heard of crowdfunding.

If you are one of those filmmakers, crowdfunding provides you with the ability to reach out to your social networks and solicit your contacts for financial sponsorship.

In this “many to one” funding model, in exchange for donations, you provide various incentives. $5 dollars might get your sponsor a DVD. $500 dollars might get your sponsor an all expenses paid trip to the premier.

The other reason why I like crowdfunding is, it allows you to test a concept and source an audience from day one. In this regard, if your movie has a really sharp hook, you have the possibility of building buzz before you make your movie.

I have provided the following resources to help speed up your crowdfunding research:

Popular Crowdfunding Sites

www.indiegogo.com – Indie GoGo allows filmmakers to raise money and take whatever they get. Indie GoGo also owns a movie distribution arm called distribber.

www.kickstarter.com – This an all or nothing deal. Filmmakers either hit their goal, or they get nothing.

Distribution Tools

Assuming you are successful in your funding campaign, you will want to start thinking about your distribution strategy. To help with this, check out the following, popular distribution solutions:

www.distribber.com (my affiliate) – Owned by Indie GoGo, with a one-time upfront fee, this company allows filmmakers to access the popular VOD marketplaces, in a non-exclusive deal. In other-words, with this company you can avoid locking yourself into some sort of crappy distribution deal. And since the company is owned by Indie GoGo, many filmmakers utilize crowdfunding to cover their distribber distribution costs. Pretty smart, right?

www.DynamoPlayer.com – in ways akin to YouTube, this company allows filmmakers to upload their movies and then embed anywhere on the net. The video is then linked to PayPal or Amazon payments, which enables filmmakers to easily receive payment. The challenge with Dynamo is sourcing an audience. Unless you have significant web traffic, making money can be a challenge.

Also, read this article from the Wall Street Journal – The SEC is considering lifting regulations on private offerings. In the very near future, filmmakers may be able to sell shares of ownership through crowdfunding. It’s still a long way away, but worth thinking about.

Hope these filmmaking resources help. While you’re here, sign up for my newsletter >>

 

Posted under FILM FINANCING

The Secret Society Of Modern Indie Filmmakers

Earlier this week, Sheri Candler was spreading word of mouth about a test screening of Gary King’s indie film musical:  How Do You Write A Joe Schermann Song. So I did something I haven’t done for awhile – I got out from behind my computer screen to meet and mingle with some new filmmakers face-to-face.

As the lights dimmed and Gary’s movie flickered across the screen, I was reminded of the year I lived in New York City. This was a time when I couch surfed between a sofa and an inflatable air mattress, all the while dreaming that I would someday make movies. Admittedly, maybe these memories were flooding back as a result of Gary’s movie. I mean, the story is based in Manhattan.

During the screening, and afterwards, I realized I have been missing something I haven’t felt for years.

I have forgotten the joy that comes from participating in activities with other folks from the indie filmmaking community. And I also realized that my world of indie filmmaking (once defined and limited by the following filmmaking mantra): save up all summer and buy an Arri BL, scrape together enough money to pay for film and processing, make the movie and PRAY for a distribution deal that makes sense – I’m pleased to say that era of filmmaking is over.

As a result of lower priced production equipment, coupled with new, non-discriminatory distribution, YOU can make, market and sell your movie this year and you don’t need to ask permission. Filmmakers like Gary King epitomize this movement – asking questions like How do you write a Joe Schermann Song starring awesome actress Christina Rose (nice work Christina!)

Past that, there is something else. While the studios are excited about UltraViolet and a new attempt to control their piece of the world wide web, our thriving indie community could care less. Instead of worrying about traditional distribution, modern movie makers are more concerned with their YouTube following – and the size of their growing audience.

As a filmmaker, you are part of movie making history. And you probably don’t know it. But like all artistic and social movements that have come before, you are riding this wave. The question is, will you take advantage of this opportunity – or will you find yet another reason why you can’t make your movie this year?

ALSO:

At the screening, I met close to a dozen people who claimed to have heard of me or knew me from this website. Please give me some time to adjust socially – It’s not every day that people approach me and quote my ideas back to me… But I want you to know I am honored and grateful for your readership.

This is usually the part in the article where I ask you to sign up for my newsletter.

Posted under FILMMAKING

Crowdfunding To Source An Audience for Your Filmmaking

If you’ve been reading Filmmaking Stuff for any length of time, you’ve probably noticed I talk a lot about “sourcing an audience.” And after having a discussion on the topic with one of my clients, it occurred to me that most filmmakers have no idea what I’m talking about.

So let me break it down.

In the old days, making, marketing and selling your movies required that you knew someone in Hollywood and had a gazillion dollars. It also meant that you waited around forever for some traditional distributor to validate your existence and hopefully pick up your movie (with something other than a crappy deal.)

But that was then. These days, you don’t need to know anybody in Hollywood. You don’t need a gazillion dollars. And (thankfully) you no longer need some traditional movie distributor to give you permission to make, market and sell your movie. And while these changes make this an awesome time to make movies, the new challenge is finding people willing to pay money to watch your movie.

So how do you a source an audience? I’ll give you one word: Crowdfunding.

What is crowdfunding? According to Wikipedia, “crowdfunding describes the collective cooperation, attention and trust by people who network and pool their money and other resources together, usually via the Internet, to support efforts initiated by other people or organizations.” In short, this means filmmakers finally have a new way to raise money.

Filmmakers can set up profiles at various crowdfunding websites and then easily promote their movie project via their social networks and ask for money. In exchange for money, filmmakers offer tiered incentives to prospective sponsors. For example, in exchange for ten bucks, you might offer a promotional t-shirt and and a DVD. For five-hundred bucks, you might offer a flight to the premiere.

Crowdfunding in this context is not the same as seeking equity investors. Which makes this a very uncomplicated way to find sponsors and raise money. But outside of this obvious use, the little known secret of crowdfunding is this – Let’s say you’re a filmmaker with an idea for a movie. And let’s suggest that you aren’t sure how many people would be interested in your movie… So you set up a crowdfunding campaign.

If successful, your crowdfunding campaign will allow you to raise money – but as an important ancillary benefit, your campaign will also allow you test your movie concept with a built in, responsive focus group. Assuming you reach your funding goal, you will not only generate your initial buzz – but you will also source the early adopters for your movie… And these early adopters will grow into a group of fans who will help you spread word of mouth about your movie.

Depending on the scope and scale of your movie, once you have successfully completed a crowdfunding campaign, you may choose to leverage this success to seek out traditional investors. But instead of having an untested movie idea, you have a little POC. What’s POC? Proof of concept. (I credit writer Craig Spector for teaching me about the importance of POC.)

Crowdfunding helps you prove your concept. In the unfortunate event your campaign is not successful, this knowledge will help you go back to the basics and refine your concept before you take the next steps in you movie making process.

Here are 3 crowdfunding sites that are worth investigating:

  1. www.IndieGoGo.com
  2. www.KickStarter.com
  3. www.Invested.in

Happy filmmaking.

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Posted under FILM FINANCING

Filmmaking Success Tips For Sourcing An Audience

Because of an eroding DVD market, the modern moviemaking model dictates that you (as a filmmaker) must treat your independent movie business just like any other small business.

YOU have a product (your movie) and YOU must sell your product. In order to sell your product, you must find a customer and convince them that your movie is worth more than their money. Obvious right?

But most filmmakers have no idea how to find a customer.  It’s not your fault. I blame the STUPID notion that filmmakers should concentrate solely on making movies without considering how to source their target audience.  Think about it. Filmmakers traditionally depended on some sort of middle-man distributor to come in deus ex machina style to provide a big fat cash advance. But that was then…

Now, as a result of DSLR technology, you have a whole world of filmmakers flooding the market with awesomely good-looking backyard indies.  It’s an example of supply and demand. There are too many movies! And there are too few traditional deals. And sadly, most filmmakers have no idea how to get their movies seen and selling. As a result, the entire world of indie filmmaking is belly-up.

The only way modern moviemakers can compete and succeed is to learn from traditional small businesses. Filmmakers must focus on finding creative ways to produce movies inexpensively and spend tremendous effort (and little money) sourcing an audience. Which, when you compare the filmmaker’s need for customer acquisition to other businesses, it’s really the same thing.

Welcome to the new movie business!

So who wins? Filmmakers who can source an audience for their movies are in better shape than those who can not. Period.

How do your source an audience: In two words – Internet marketing.

I got news for you. Selling a movie online is no different than selling an eBook! But not everybody knows how to sell things online. That is OK. I explain this in my book. And for those of you not ready to get my book (so you can discover my mad movie marketing methods) – here is a tip as well as an actionable item: Crowdfunding.

By now you’ve heard of crowdfunding. But the little secret that nobody is talking about is this – Not all movie projects will get fully funded by the crowd. BUT, by creating a campaign, you essentially get the word out about your movie. You increase your YouTube hits (because you presumably embed your trailer into your campaign)… And even if your campaign is not successfully funded, anybody who did donate is now part of your future audience. Hmmm.

I know I’m on a bit of a rant today. So I’m going to slow-my-roll. If you like this filmmaking stuff, make sure you click here   >>

And if you want to see me speak or attend any of my workshops, telephone your local film festival and leave this message on their answering machines –> I WANT TO SEE Jason Brubaker LIVE.

Feel free to comment below.

Posted under DISTRIBUTION

FILM FINANCING


“So You Need Money To Make Your Movie?”

“Discover A Simple, Step-By-Step System For Finding Investors and Getting Money To Finance Your Movie!”

 

Los Angeles Based Independent Filmmaker Jason Brubaker
LA Based Indie Producer, Jason Brubaker

Dear Filmmaker,

As a Los Angeles based Independent Movie Producer, I have produced three features, written numerous screenplays and I have over decade experience making movies.

To Get Movie Money Go Here: www.GetMovieMoney.com

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Filmmaking Interview with Carole Lee Dean

As president and CEO of From the Heart Productions, Carole Lee Dean produced over 100 programs, including the popular cable program, HealthStyles, and the historical show, Filmmakers, now housed in the National Archives. As an entrepreneur she created Studio Film & Tape, and sold it to Edgewise in 2001. She created a business supporting independent filmmakers in the 70’s with raw stock and coined the name “short ends.”

In 1992, she created the Roy W. Dean Grant Foundation in honor of her late father. To date, Carole’s grant and mentorship programs have provided filmmakers with millions of dollars in goods and services and have played an instrumental role in creating important documentary films. She is the author of The Art of Film Funding: Alternative Financing Concepts and The Art of Manifesting: Creating your Future.

Carole stopped by Filmmaking Stuff to share some ideas about filmmaking.

Jason Brubaker
Could you tell us a little bit about your work and how you got into the industry?

I was married to a cameraman and went to the set each Friday night and watched them unloading those little pieces of film that I termed “short ends.” I started a business of buying them from the studios and selling to independents, thus supporting the birth of the independent film market. I found that studios even sold new film because cinematographers wanted all one emulsion so I took the 10 or 15K feet of new and sold to people like Cassavetes.

Jason Brubaker
Wow! It is amazing how those “little pieces of film” changed the motion picture industry.

Carole Lee Dean
After a few years of selling “short ends” major video companies came to me to market their stocks and I expanded into tape. I started with $20.00 from the grocery money and sold it when my sales were at $9 million a year to Edgewise.

Jason Brubaker
This is an example of taking action on an idea and bringing it to fruition, much like a movie producer.

Carole Lee Dean
Yes, I believe in manifesting. It’s a process of releasing a potential that was already there. That short ends business was just waiting for me. Thank heavens I did not know how to do a corporate business plan or I would have known that I needed a lot more money. My belief that I could do it overcame the lack of money. I bought it and sold it the same day and most importantly I always saw it as a big business.

Jason Brubaker
It’s important to think big.

Carole Lee Dean
Look at a piece of coal; it’s a black rock, right? Well, if you ignite it you have heat and light, that potential was there you just had to release it. The same applies for filmmakers.

Jason Brubaker
Yeah. I think the key to dreams is internal, not external.

Carole Lee Dean
I tell them to realize their genius. How many people would give their right arm to be a scriptwriter? Most filmmakers are writers, producer’s even actors and editors. You are Pure genius and its important to know that so you have faith in yourself and your ability to make and finish your film. By seeing your film on a daily basis, knowing each shot, You are projecting into the future a vision that you can release with your faith and confidence. Fred Alan Wolf, physicist says that when we are daydreaming and visualizing clearly we are creating that future and that a handshake across time occurs and somewhere in the future it happens just as you saw and felt.

Jason Brubaker
I have experienced what you’re talking about. Sometimes things come into my life when I least expect them.

Carole Lee Dean
My father was responsible for the student discount. I spent every Sunday with him and He began this relentless weekly request for me to give a student discount. I agreed to 3%. He said it was not good enough. Then I went to 5%. Still not good enough so finally to keep peace I agreed to 15% discount.

Jason Brubaker
I’m sure the independent filmmakers were appreciative!

Carole Lee Dean
When Fuji gave me the exclusive national distribution of their 16 & 35mm stocks I set a goal for myself to sell in 9 months and Fuji said, “Oh, that’s too high you will never hit that.” I did hit it and I asked them to give me a larger discount and my priority that I told them was non negotiable was a 15% discount for students. I got this discount and after the first ad was printed, Kodak matched that 15%!!!

Jason Brubaker
And that care for supporting indie filmmakers has stayed with you. The Roy W. Dean Film and Writing Grants have become some of the most well known for independent filmmaker. Could you tell us what criteria you look for when you evaluate potential projects for a grant?

Carole Lee Dean
I want great stories with compelling characters. We fund shorts, indies and docs that are under $500K budgets. The films must be unique and make a contribution to society. Look on the site under grants for prior winners for the type of films we fund. We just started taking features and I want to see one win.

Jason Brubaker
How long does the evaluation process take?

Carole Lee Dean
We have the first cut of finalists on the site in 60 days and your name will stay on for a year, which is very good PR. Next cut is made on the site. We highlight the top 15, then top 10, then top 5 and announce the winner. All this takes about 2 to 3 more months. Filmmakers go through 3 sets of judges.

Jason Brubaker
Let’s say you’re a filmmaker and you’re not selected? Do you offer any sort of consultation or advice to those filmmakers?

Carole Lee Dean
Everyone who applies gets a free 15 minute consultation with me. We can talk about financing your specific film or how to improve your package or marketing or, anything you want. This grant is very dear to me and I like to see you improve from entering it. Our aim is to help you get funded.

Jason Brubaker
In your book The Art of Funding Your Film, you provide a very comprehensive overview of the funding process. Given all the rules and SEC regulations, what advice do you have for filmmakers who have never funded a movie – where do they get started?

Carole Lee Dean
It all starts with a great story. That’s the most important part, work on the store, give me compelling characters that I want to spend 90 minutes with. Write and keep writing and rewriting. Send your work out to really good screenwriters for review and listen to them. Read “Save the Cat,” my favorite book on writing. Take your script to the highest level possible.

Jason Brubaker
And once you have a great script?

Carole Lee Dean
Then go to work on your business plan and find good comparison films that you can easily defend. Be honest with your return on investment, always say hypothetical ROI and show one film in comparisons that did not make a profit. Put yourself in your investor’s shoes. Would you take a million from your parents to make your film? Do you seriously think you can pay it back? Keep investors interest your priority.

Jason Brubaker
You have been very passionate about helping filmmakers manifest their dreams into reality. I read your book long before I had produced my first feature. And I can remember times when everyone in my life seemed to think my movie making goals were pipe dreams. What advice do you have for filmmakers who are working to overcome self doubt?

Carole Lee Dean
If you were making movies 20 years ago it would cost you 10 times more to make a film. So ask yourself, “why was I given so much talent and born during the third most important time in the history of mankind.” Here you are with a great opportunity and all that talent. Do you really believe the universe would put you here at this time and not finance you? Of course not.

Jason Brubaker
That is a good way to think. Especially on those days where self doubt creeps in.

Carole Lee Dean
You need to believe in your talents and know that the money will come. Do all those things on your “to do list” and keep seeing your finished film. You will find doors open where there were no doors before. You are your greatest asset.

Jason Brubaker
I know you have been trying to find ways to bring filmmakers together to share ideas.

Carole Lee Dean
From the Heart is now producing events and I will give all of your members a 15% discount on any of our products and events if your people put GRANT in the coupon code.

To learn more about the Roy W. Dean Grant or some of Carole’s upcoming filmmaking events, check out the website.

Posted under FILM FINANCING, INTERVIEWS