Producers turn to crowd funding to make pilot of online TV show on ‘life and love in Sydney’
An international group of actors, producers, writers and directors have teamed up together to create an online TV show for which they are crowd-funding the production costs of the pilot, with the intention of selling the show overseas.
The Pozible campaign aims to raise $25,000 which will be used for the pre-production, film and post-production costs of episode one of The EX-O series.
Set in Sydney, The EX-O is a drama about three best friends and their addiction to the sharing of music as it also aims to convey what it is like to live and love in Sydney with the “belief that every individual has a soundtrack”.
https://www.youtube.com/watch?v=5Fg3Gu-qYH8
Do the crowdfunders get a return if its a success?
Good luck with that
Of course I wish the producers well.
I am not at all sure what the above clips are meant to convey. The whole piece looks like an exercise in editing to me. The narrations are detached and very slightly stilted, and I looked in vane for a hook or even a sign post to what is intended.
I am old and perhaps I am dazzled by the new and left wanting for the narratives of old, but even so, I think his project will find it has a long long way to go yet.
I am excited for the producers and I wish them every success.
@Bec: “Do the crowdfunders get a return if its a success?”
If they did, that would be a violation of ASIC rules for investment. And, to be blunt, it would be incredibly unethical to try to entice people with a ‘return’ when the odds of that are so incredibly low. I’ve seen plenty of investment prospectuses for films and TV shows .. and most of them are (to be blunt) misleading.
Remember that the investors in ‘The Wiggles Movie’ got a return of about 18%. That’s 18% of their investment back .. not 18% on top of their investment. The Australian investors in ‘The Matrix’ also were surprised to find that the film somehow made no profit that would give them a return. In the court case over it, the accountant stated that it would take 3 days to explain the complex formula governing it.
Heck – even the investors in the Oscar winning ‘Crash’ would have been better off just leaving their money in the bank or putting it in something risk free.
And that was something that won an Oscar.
Sometimes people support Art because they are supporting Art .. not because they are getting a financial return.
— Mac