For the first time in Telugu Film Industry a film is being made in crowd funding route. Popular actors and technicians would going to be take part of the first ever initiative inSouth India. The project is an initiative of Mr. Dakshin Srinivas (Murthy).
http://www.pbs.org/pov/blog - Jennifer Fox raised a record-breaking $154,000 on the crowdfunding site Kickstarter - the most raised for a finished film and the most per donor - for her new film My Reincarnation. Find out how she did it.
Kickstarter (and other services like it) have created a new market that efficiently connects people who have creative ideas with those people who want to invest in creative ideas. This is yet another example of the power of the social web.
Some of those projects turn out to be terrible. Some turn out better than expected. But for the ecosystem to thrive, there needs to be success stories, and not just mild success stories, but runaway hits. Things that do so amazingly well that they lend credibility to everyone else.
If everything created from crowdfunding campaigns turned out to be utter crap, why would people bother to get involved going forward?
And so, we’re going to take a look at some films that have found success in their post-crowdfunding life. In a few weeks we’ll look at the films premiering in Park City, but first, let’s look at some films that are making noise in the award races
''The panel looks at the benefits and pitfalls of going to the Internet for financing and examines different models of crowdfunding: from online sites such as Kickstarter and Indiegogo to European crowd-sourced success stories Iron Sky and Hotel Desire which combined online investment with traditional film funding.''
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