Will Hollywood Ruin Crowd Funding?

Has film crowd funding jumped the shark? The Verionica Mars Kickstarter deal has left a bad taste for some funders who are asking: why is a  Hollywood studio begging for crowd money; Kristen Bell is rich, why isn’t she using her own funds; if Warners is behind it, why won’t they share the profits; what if the movie is crappy; and if Warners didn’t want to fund it, why should we? Is the VM deal a studio ploy to see if Hollywood can tap into the unsuspecting crowd?

http://www.hollywood.com/news/movies/55004120/veronica-mars-movie-kickstarter-backlash

About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Legislative Intent, SEC, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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