“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

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

ForbesThe Celebrity Who Loves Crowdfunding: Lala Anthony Hosts New Series Featuring Female EntrepreneursForbesIt's been proven that funders clicking through projects on crowdfunding sites seem to prefer early-stage, female-led ventures, and one celebrity is looking to highlight t [...]

Crowdfunding flower power in WalesPositive.NewsResidents in north Wales decided to act to help a local patch of land flourish. They hope their successful crowdfunding campaign will help them continue restoring this “beautiful meadow”. Locals launched the Gweld y ddôl – Seeing the mead [...]

Crain's Cleveland BusinessCrowdfunding can ease teachers' 'burden'Crain's Cleveland BusinessBooster seats. Reading materials. A bass clarinet. What do these things have in common? At the start of October, teachers in Ohio were trying to raise money to buy all [...]

Development Finance TodayAssetz to launch property crowdfunding platform in Q4Development Finance TodayAssetz Exchange is currently fundraising for launch with a Seedrs equity investment crowdfunding campaign with a pre-registration page. It is also accepting pre-registrations from po [...]

PolygonStar Citizen's celebrity-clad Squadron 42 trailer boosts crowdfunding by over $1mKitGuruCloud Imperium Games pushed its Alpha 3.3 into Star Citizen's public test servers last week, alongside debuting the most complete trailer for its celebrity-filled Squadron 42 singl [...]

Marie Claire (press release) (blog)A crowdfunding campaign has raised over R100k for the girlchild in the Dros caseMarie Claire (press release) (blog)In an initiative to pay for therapy for the seven-year-old girl allegedly raped at Dros Restaurant in Pretoria, an anonymous group of p [...]

UK FundraisingJustGiving removes platform fees for crowdfunding, major incident & disaster campaignsUK FundraisingJustGiving has today (15 October) announced key changes to its fee structure that will see platform fees no longer charged for its Crowdfunding product, or for major i [...]

AdAge.comLego, Coke and other big brands are turning to crowdfunding for R&DAdAge.comEnter Indiegogo, a crowdfunding service that is luring more business from large corporations, which are using the platform to test ideas. New interest from the likes of Coca-Cola and Tyson provide [...]

VENTS Magazine (press release) (blog)Kelly Hafner Announces Upcoming Album 'If It's Love,' Crowdfunding Through Kickstarter Now!VENTS Magazine (press release) (blog)Sultry smoke and white-hot fire escape the lips of Austin singer/songwriter Kelly Hafner on her debut rel [...]

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 |