“Bad Business” – producer rails against CrowdFunding movies

By STEPHEN LEPITAK , The producer of House of Cards, The Social Network and Fifty Shades of Grey, Dana Brunetti has stated his belief that movies should not be funded through crowdsourcing.

Speaking to Randi Zuckerberg at SXSW, Brunetti discussed his work with Netflix and Kevin Spacey on the making of the hit series House of Cards, where he revealed that Spacey originally thought the show would be released on DVD, and described crowdsourcing as “a genius idea that’s gotten out if hand”.

image_0

He was targeted names such as actor Zack Braff and director Spike Lee who have made films funded through an online audience, stating that he felt that was wrong as they both already had access to funding.

“It takes away from little guys and I don’t really approve if it,” he explained, adding that there were ” a lot of other great things on Kickstarter” and that “people have great ideas that benefit human kind” that were more deserving of funding than movies. “They are just bad business.”

Of House of Cards being placed on Netflix rather than a TV network, he admitted that it was a gamble but one that he believed would succeed.

“I had been pushing for digital distribution this way,” he stated, “I told him [Spacey] that if it didn’t work now it would work n five or ten years…we took the risk and it really worked.”

Of live content streaming, Brunetti said that it would eventually find its place.

“Theatre is a place where it is really going to start to take off. The problem with theatre is geography. If they start to get more equipped to do live streaming then geography begins to get removed. They have already started doing this with concerts, so why not on broadway?”

He also discussed his views on the evolution of second screen content creation, which he said would become part of the viewing experience of the future.

“At home second screen really works. In a movie theatre it’s just a distraction and a problem. The big thing with second screen is giving it to you on all your devices – whatever device has a screen you should be able to watch it on that. The next thing is so that you don’t have to stream it, but download it.”

The second series of House of Cards began to stream on Netflix last month.

More an source

http://www.thedrum.com/news/2014/03/09/house-cards-and-50-shades-gray-producer-rails-against-crowd-funding-movies

HEADLINE NEWS

More Indiana teachers turn to crowdfunding to purchase classroom supplies  FOX 59 IndianapolisINDIANAPOLIS, Ind. - The average teacher spends more than $400 of their own money each year on school supplies. That's why more and more teachers are ... [...]

Crowdfunding your Product on Kickstarter or Indigogo: The Pros and Cons  China Law BlogThe Quality Inspection Blog did a really good post, entitled Pros and Cons of Crowdfunding (Kickstarter/Indiegogo) for Startups, explaining (yeah, you. [...]

PieShell, a Crowdfunding Platform for Food Innovation, is Shutting Down  The SpoonFood crowdfunding site PieShell is shutting down. The news was shared publicly today by company CEO and founder Cheryl Clements via an open letter on ... [...]

Iran bans non-official crowdfunding appeals after deadly flash floods  Euronews EnglishAuthorities said on Monday that they have closed 60 crowdfunding campaigns, mostly set up by celebrities, and that donations can only be made through official ... [...]

misterb&b hits the equity crowdfunding trail to expand into hotels  TechCrunchHomosexuality is illegal in a third of the counties on this planet; in eight countries it is punishable by death. In the febrile atmosphere of today's politics, ... [...]

Only 2 days remaining for CHUWI AeroBook crowdfunding campaign  Gizchina.comCHUWI's laptops are always bringing to the table extreme price/performance ratio and the new CHUWI AeroBook is no different. [...]

Game studio behind ‘Myst’ launches crowdfunding campaign for VR-enabled adventure ‘Firmament’  GeekWireCyan, the Spokane, Wash-based studio behind the Myst franchise and its spiritual successor, Obduction, began a new crowdfunding campaign today for their ... [...]

PrepayWay – A Swiss FinTech Holding Announces Start of Equity Crowdfunding Campaign  NullTXMarch 21st, 2019, Switzerland – People from different parts of the globe have an opportunity to contribute to the equity of the Swiss-Estonian startup using ... [...]

LEGO’s first crowdfunding experiment: FORMA 81000 Koi Model Super Box [Review]  The Brothers BrickLEGO FORMA is the company's first foray into crowdfunding. It is described as an “experience designed for adults looking for a fun and engaging way to ... [...]

OddFellows Kicks off Equity Crowdfunding Campaign - Restaurant News  QSR magazineIn keeping with their humorous and nostalgic positioning, in tandem with the campaign OddFellows has launched a cheeky hotline of 1-866-4ICE-CREAM. [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |