How might crowd funding affect the 'big six'?
Crowd funding for independent film makers through sites like Indiegogo and Kickstarter is a cheaper way to get funding which is donated by the public and those looking to invest a small amount of money. For just $25, investors can score a spot within the opening credits of a film and behind the scenes access. Where as bigger films which you'd get from the 'big six' would need to raise $400,000 just for a story reel. Both types are contradictory but it doesn't really affect the big six badly because they have a big section of funding and to the majority of the public independent film makers are practically invisible.
Do you think this method of film financing will allow creativity to flourish or will it reduce the overall quality of film making as an art form?
I don't think it will ruin creativity at all. Film making is about the story idea and how you can interpret and bring the story to life. Money only restricts you to things such as special effects, CGI and really expensive props which you might/won't have the funds for. If a film doesn't get enough funding in this way then it can't get certain resources, but that shouldn't matter as long as the story is well research, thought out and worthy enough to be put in screen. A bad film usually is a bad film because of the bad story line, sometimes its not about the special effects or CGI. Some of the best films which people still love today and errors in them, but we don't care about those because the creativity is enticing. Any reasonably old film in the 1900's can show that as some old films are the classics.
How can a crowdfunded film appeal to global and local audiences?
Crowd funding is mostly over the Internet, everyone lives on the Internet and we are all technology dependent. It is easier to fund a film and cheaper because you can do it online. You can easily view a Canadian film from you laptop as you can a Japanese one. Films can be shared online so others can see what they are funding and if a local film is advertised in this way then it could bring local businesses as investors and improve community spirit.
Example:
The BackSeat Driver project is on Indiegogo and it is crowd funded.
What is the story? (Taken from the link)
A frantic phone call...
...wakens Mickey Mueller. Through tears, her little sister chokes out "the wedding planners skipped town... nothings set up for this weekend... the rehearsal dinner's tonight... HELP ME!"Mickey springs into action. She calls a cab, and quickly sets up a command post from the back seat as she heads for the airport -- stopping along the way to pick up wedding essentials her ever-present "playbook" reminds her she needs. Can she pull it off with the help of her office staff, her dad, and her cabdriver Munir, who's got a lot more to offer than he lets on? Will the motorcycle patrolman that pulls them over cite them, or let them off with a warning? Will she keep cancelling flights until she runs out of planes?
It's a road picture in one city, with stops and star cameos along the way.
The film hasn't met its donation target. This only help prove that Crowd funding isn't a threat to the Big Six. It is in the early stages of development and is only a new idea which no one really knows about or understands yet. It could take off but there isn't any publicity or awareness of crowd funding. It is a crowd funded and people will be reluctant to give money to films which might be like other films.
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