Saturday, August 17, 2013
Outline For Research Paper
Over the past few months, I have been researching the importance of crowd funding on independent films and media specific projects. While I learned that crowd funding, specifically Kickstarter and Fundanything.com sites are relatively new in the publics eye, the theory behind them has been around for decades.
Table Of Contents:
1. What is crowdfunding?
An indepth description of how crowdfunding works; the basic theory of pledging and rewards. I will also describe the types of crowdfunding websites available. While they may seem alike, most of the popular crowdfunding sites have specific rules that must be followed, which make them ideal for specific projects.
2. How crowdfunding has changed the entertainment business
While the majority of films produced still receive funding from major film companies, a small collection of independent films are being funded publicly on crowdfunding websites. I will examine the benefits of crowdfunding as well as why major companies generally pass on the films.
3. The Risks
I will examine both sides of the crowdfunding venture, the investor as well as the project creator and exploit the various risks and rewards. In this section I will also explain how a well planned campaign can benefit both sides, investor as well as producer.
4. The Process
When creating a crowdfunding campaign, there are many avenues to take depending on the project. I will examine in depth the various resources available to me when I created my personal campaign. I will examine other campaigns that were successful and compare them to my own, explaining how my project could have been done differently and received better results.
5. Conclusion
In this section I will wrap it all up, explaining again how important crowdfunding is for the entertainment industry and will give any final thoughts.
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