Fan-Powered Movements: The Rise of Crowd Funding in the Film Industry
July 19, 2023
In recent years, we've seen the rise of fan-powered movements and crowd-funded initiatives in the film industry. One of the most notable examples is Legion M, the world's first fan-owned entertainment company.
Legion M represents a new era in fan engagement, where fans are not just spectators but active participants in the creation and success of films. By using equity crowdfunding, Legion M allows fans to invest in and be part of the production of movies, TV shows, and other entertainment projects. This means fans have a direct stake in the success of the projects they love.
This fan-powered approach has led to the production of several successful films and series. It's also created a community of fans who are more engaged and invested in the success of these projects. This is a testament to the power of fans and the impact they can have on the entertainment industry.
Power to the people
The success of Legion M and similar initiatives shows how fan casting and fan involvement are evolving. It's not just about suggesting who should play which character anymore. Now, fans can be part of the entire process, from funding to production, and even promotion. Like we've written about before, fancasting makes an impact on the entertainment industry.
With the recent advances in artificial intelligence, this is a trend that's likely to continue and grow in the future, changing the way movies and TV shows are made.
For those interested in learning more about fan-powered movements and how to get involved, check out these resources:
Crowd Funding Platforms for Movies, TV, Books, and Video Games
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Legion M: The world's first fan-owned entertainment company.
- Kickstarter: A popular crowdfunding platform where you can support creative projects.
- Indiegogo: Another crowdfunding platform with a category dedicated to film projects.
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Patreon: Patreon is a platform that allows creators to receive funding directly from their fans, or patrons, on a recurring basis. This can be a great option for creators of web series, podcasts, or indie game developers.
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GoFundMe: While GoFundMe is often used for personal fundraising efforts, it's also been used to fund creative projects, including films and games.
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Seed&Spark: Seed&Spark is a crowdfunding platform specifically for film and TV projects. They also offer streaming distribution for the projects funded on their platform.
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Fig: Fig is a crowdfunding platform specifically for video games. It's unique in that it allows backers to earn returns based on the financial success of the projects they support.
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Unbound: Unbound is a crowdfunding platform specifically for books. Authors pitch their ideas, and readers support the ones they want to see written.
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Publishizer: This is a crowdfunding platform specifically for authors. It allows authors to gather pre-orders and demonstrate market demand to potential publishers.
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Inkshares: Inkshares is a book publishing company that chooses which books to publish based on reader interest. It's a mix of traditional book publishing and crowdfunding.
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Ulule: Ulule is one of the leading crowdfunding platforms in Europe. It's open to a wide range of project categories, including film and video, games, and books.
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PledgeMusic: PledgeMusic was a crowdfunding platform specifically for musicians. Artists could offer rewards to fans who pledged financial support.
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Crowd Supply: Crowd Supply is a crowdfunding platform that focuses on hardware, design, and other physical products, but it's also open to films, books, and games.
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FundRazr: FundRazr is a broad crowdfunding platform that's open to all sorts of projects, including creative ones like films, books, and games.
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RocketHub: RocketHub is a crowdfunding platform that's open to a wide range of creative projects, including film, music, publishing, and games.
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CircleUp: CircleUp is a crowdfunding platform that focuses on early-stage consumer brands, including entertainment and media companies.
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StartEngine: StartEngine allows everyday people to invest in private companies, including those in the entertainment and gaming industries. It's a form of equity crowdfunding, where backers receive a stake in the company.
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Slated: Slated is an online marketplace for film financing and dealmaking — essentially a crowdfunding platform specifically for films.
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Crowdcube: Crowdcube is a platform that allows individuals to invest in start-up, early and growth stage businesses, including those in the entertainment and gaming industries.
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MicroVentures: MicroVentures connects angel investors with startups. It's also a platform for crowdfunding video game development.
Remember, as fans, we have the power to shape the entertainment we love. Whether it's through fan casting, crowdfunding, or simply sharing our love for a project, every bit of support makes a difference.