Thanks to sites such as Indiegogo and Kickstarter, prospective filmmakers no longer need to wish for investors or harass friends and family for cash. The Heartbreak Fund is the latest crowd-funded feature film and it's packed with a charitable twist: The film's three producers are soliciting donations and promising to give 50 percent of profits to charity.
Implications - The featured video introduces you to Patrick Walsh, who takes on the role of producer/director of the Heartbreak Fund. He says that their first feature will be set to release in April 2011. The video also features a "showreel" that shows off some very creative video making. The films that the Heartbreak Fund will be releasing look like they will be action-packed.
Charitable Crowd-Funded Films
The Heartbreak Fund Promises to Give 50% of Profits to Charity
Trend Themes
1. Crowd-funded Films - Opportunity for filmmakers to raise funds through online platforms instead of traditional investors.
2. Charitable Filmmaking - Filmmakers are incorporating charitable donations into their business models, giving back a portion of profits.
3. Action-packed Features - The Heartbreak Fund's upcoming films promise to be filled with exciting action scenes.
Industry Implications
1. Film Crowdfunding - Online platforms like Indiegogo and Kickstarter provide opportunities for aspiring filmmakers to seek funding from the crowd.
2. Film Production - Filmmakers are adopting a new approach by donating a portion of profits to charity, creating an innovative business model.
3. Charitable Organizations - The Heartbreak Fund's commitment to donating 50% of profits presents a new potential partnership opportunity for charitable organizations.