Sources of finance. | Digitalmedia

Sources of finance

Different types of finance

Private
- Small budget Vs Big Budget
- Silent Partner-- this is any individual who provides funding to the business as his only contribution.
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Public
- BFI, anyone can apply for film funding as long as they meet a specific criteria set out by the BFI https://www.bfi.org.uk/supporting-uk-film/production-development-funding
- lottery funds
- Crowd Funding-- this is the practice of funding a project by raising small amounts of money from a large number of people, typically via the Internet.
Joint Financing
- Public-Private Partnership.
- I Daniel Blake 2016 why not productions, wild bunch and BFI.https://www.imdb.com/title/tt5168192/?ref_=nv_sr_1?ref_=nv_sr_1

Crowd funding

Example:

In 2013, fans of the early 2000’s series Veronica Mars cheered with excitement as the original cast mates and production crew teamed up to create a crowdfunding campaign on Kickstarter. The film took place years after the series came to an end, and Veronica gets pulled back to her hometown – just in time for her high school reunion – in order to help her old flame Logan Echolls, who’s once again embroiled in a murder mystery.

The campaign raised $5,702,153 from 91,585 making it one of the most funded projects of all time.