This article was written by Conor Friedersdorf.
“…at a time when film financing is facing increasing budgetary constraints, even the most powerful directors are harnessing the power of the web to attract investment (financial or artistic) for their latest projects.
Ridley Scott, the director of Robin Hood – which opened the Cannes Film Festival this year – is producing a film that asks people to upload videos of themselves on to YouTube, which will in turn, form the basis of a documentary to be premiered at the Sundance Film Festival.
A growing crop of websites offer anyone willing to donate money to film projects an “executive producer” credit at the end of the film. One example is the collective effort in fundraising for the big-budget Spanish film, The Cosmonaut, a sci-fi movie that used online crowd-funding methods.”
Read the rest of this article from Crowd Source Capital.