|Written by||Hannes Kreuzer|
|Published on||January 4, 2013|
Crowdfunding service Kickstarter announced more than $100 million have been pledged to film projects. Documentary film genre gets most of if.
On January 3 2013 Kickstarter reported that more than $100 million have been pledged to film projects since April 2009. This is an amazing number and shows the impact this film financing form can have on the film industry. Compared to the overall film budgets of the whole film industry the amout is of course very small but if you take a closer look at what films have been funded via crowdfunding you will be surprised.
The funds of the crowdfunding people have been distributed to the following genres:
|Film Subcategory||Pledged||Funded Projects|
|Narrative Film||$31.74 million||2,331|
|Short Film||$16.68 million||3,000|
According to this figure the genre documentary film is in leading position when it comes to financing via you – the audience. For some this is not really surprising because most documentaries have lower production costs compared to fiction films. You can make decent doc-films with a tiny crew while you need a big team for fictions films.
Some other interesting facts:
So what do you think of these numbers? Is crowdfunding the future?
Note 1: See the possible Oscar contenders of the Academy Awards 2013 (including the mentioned above) here:
Note 2: You can submit your crowdfunding campaign to us to get more awareness. And don’t forget to tweet us.