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Crowdfunding & Taxes: Kickstarter’s Hidden Bite (& How to Stop the Bleeding)

Ben Henretig raised $112,000 for a documentary – but how much of that money winds up with the IRS in terms of tax dollars? He explains his approach to the tax question when it comes to crowdfunding: Kickstarter has emerged as an incredibly powerful platform for creatives to crowd-fund their creative work. In October of Read MoreRead More

What You Can Learn from 8 Sundance Films with Successful Crowdfunding Campaigns?

Oakley Anderson-Moore looks at the successful campaigns of 8 Sundance Films for hints on how to run a successful campaign From projects that banked $12K to upwards of $3M, quite a few films that just premiered at Sundance Film Festival were supported by very successful, but very different, Kickstarter and Indiegogo campaigns. (And most were Read MoreRead More

Donation-Based Crowdfunding Sites: Kickstarter Vs. Indiegogo

Chance Barnett explains the difference between the two donation based crowd funding sites and how they differ from crowd funding investment sites. Kickstarter and Indiegogo, considered the two most popular donation-based crowdfunding sites, were founded in 2009 and 2007 respectively. They give people and creative projects the opportunity to raise money via online donations or Read MoreRead More

Is Crowdfunding Changing the Game for Filmmakers? A Q&A With Spike Lee

Spike Lee’s Kickstarter is looking like it will be a success (thanks in no small part to a small but well off crowd who donated large sums). As the campaign is closing to end, Spike Lee sits down in an interview with Joe Vogel and his thoughts on the process. You’ve mentioned in other interviews that Read MoreRead More

Are you breaking the law by running a Crowdfunding campaign and not declaring your income?

Chris Jones talks about some of the tax implications of running a crowdfunding campaign in the UK. Though laws in other countries may differ – almost all tax collecting agencies will see crowdfunding funds as a source of income – as always check with a legal professional who knows your local laws. So you run Read MoreRead More

The New “Soft” Money

Forget the fairy tale of Kickstarter enabling Zach Braff the freedom to have director’s cut. The real success story is not how that money can be put into use in production but what it means in the eyes of producers and money men. They may not have realized this but more than forty-six thousand individuals Read MoreRead More

Watch This Before You Start a Crowdfunding Campaign

Film Courage compiled a series of interviews with a lot of different perspectives on the subject of Crowdfunding. A Breakdown of this video: 00:00 - Sheri Candler, Marketing Strategist 04:29 - Kyle Patrick Alvarez, C.O.G., Easier With Practice Reasons you should crowdfund 07:16 - Adam Chapnick, Indiegogo 15:04 - Gary W. Goldstein, Pretty Woman, Under Seige 20:05 - Gary King, Read MoreRead More

Kickstarter Will Not Save Artists From the Entertainment Industry’s Shackles

Evengy Morozov writes about a study that shows crowd funding only benefits a certain kind of movie. To see how the highly decentralized world of social media could disrupt the hegemony of established taste-makers in music, design, or fashion, look no further than Kickstarter. Just like Wikipedia redefined the process of creating an encyclopedia, this Read MoreRead More

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