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Woodstock Film Festival: Panel sheds light on burgeoning practice

Woodstock Film Festival: Crowdfunding – it isn’t a dirty word “Today, just about everyone I know is doing a crowdfunding thing,” said Meira Blaustein. It’s true. Today’s creative workers are asking their friends, and their friends – and so on, and so on – for both emotional and monetary help to finish their projects. Thanks to the internet, an emerging sense of global collaboration and a greater variety of avenues, it has become easier for creative workers to find funding opportunities. But there is still risk, and there are still issues to tackle when attempting to fund through friends, family and regular people. In the film industry, more filmmakers are using websites such as Kickstarter and Indiegogo to fund their projects. A filmmaker asks for $5,000 to produce his movie, so he promises friends through pledge levels. If you pledge $50, you get a sticker and t-shirt. $100 gets you the soundtrack via a digital download, the sticker and the t-shirt. $500? Maybe you’re an executive producer. Blaustein and the Woodstock Film Festival have noticed this emerging trend of crowdfunded projects, and they’ve also noticed that many independent filmmakers are still uncertain about how to fund projects. So Wednesday afternoon, […]

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