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John Lemke

$100 Million Pledged To Indie Film On Kickstarter... And 8,000 Films Made | Techdirt - 0 views

www.techdirt.com/...kstarter-8000-films-made.shtml

2013 million indie film films newmediaorder movieindustry businessmodel business

shared by John Lemke on 07 Jan 13 - No Cached
  • And, yes, the "but what about my $100 million movie" crowd will scoff and argue that this number is so "small." But, two points there: first, this number is growing very, very, very fast. And if you can't understand how trends explode, then you're going to be in trouble soon. Second -- and this is the more important point -- those funds helped create 8,000 films. For those who have been arguing about culture and how we're going to lose the ability to make movies... this suggests something amazing and important is happening which goes against all those gloom and doom predictions. By way of comparison, the UN, which keeps track of stats on film production, claimed that in 2009, 7,233 films were made. Worldwide.
  • John Lemke on 07 Jan 13
     
    "Less than a year after being declared the darling of Sundance -- especially for not having "the arrogance of a studio" -- Kickstarter has announced that over $100 million has been pledged to indie film via its platform (which, of course, is hardly the only crowdfunding platform that filmmakers use, though it is the most popular). There are some caveats, of course. This is over Kickstarter's lifetime (since April 2009), but the numbers have been growing rapidly. $60 million of those pledges came in 2012. Also, that's pledges, not actual money given, since only projects that hit their target get the money. The actual total collected is $85.7 million -- which means that'll get over $100 million pretty quickly. "
John Lemke

A small-town theater campaign's larger projections - latimes.com - 0 views

www.latimes.com/...eater-20121231,0,6750234.story

2013 campaign theater business businessmodel newmediaorder film movieindustry newbusinessmodel

shared by John Lemke on 07 Jan 13 - No Cached
  • They ran models of Nelson's subscription-based theater idea, showing that to break even they would need 3,000 people, or 15% of the mountain communities, to sign up. For $19.95 per month, a member would be able to see each movie one time and buy individual tickets for friends. Non-members could buy a $16 day pass.
  • While researching the theater business, Nelson learned that studios are transitioning to digital distribution. Thousands of independent theaters that couldn't afford equipment upgrades have closed over the last 10 years, according to industry experts. Hundreds of others — which, like the Met, still show print films — remain on the brink. The subscription business model could pay for the new equipment.
  • The tricky part of the membership-model calculation is that box-office totals are based on ticket sales, and distribution deals for a movie include a percentage of each ticket sold. But Met members would scan magnetic cards to record attendance totals for each film. In the end, the success of the venture may come down to whether major studios are willing to negotiate contracts without traditional tickets being sold. But first, success depends on signing up members.
  • John Lemke on 07 Jan 13
     
    "They ran models of Nelson's subscription-based theater idea, showing that to break even they would need 3,000 people, or 15% of the mountain communities, to sign up. For $19.95 per month, a member would be able to see each movie one time and buy individual tickets for friends. Non-members could buy a $16 day pass."
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