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Thursday, February 15, 2007

Microinvesting in DIY/ultra-low/"no" budget films

My newest indie filmmaking related past time is trying to help fellow low/"no" budget filmmakers make their second or third or whaterver, post-first & good, "no" budget feature. And by "no" budget I mean under $10K ($3K to $5K budget would be best, it is doable, Swanberg & Dance Party, USA & Kelley Baker & others have done it in the past). Often it isn't the exact amount of money that makes a big difference in an ultra-low budget project, it is the fact that someone other than the filmmaker believes enough in the filmmaker or the project to give any money to the project. I have been supported at very crucial times by small investments in my most recent project Date Number One. So I would like to return the favor, help another filmmaker or two this year.

I offered $500 (to be handed over in May, after taxes & current Date Number One debt & other related expenses of mine are well under control) towards the next feature of a filmmaker friend a couple of days ago. If he does not need it, I'll go down the line of people I know who blog & make low budget indie films. In exchange for my investment I would be willing to take an appropriate number of DVDs of the finished film that I can sell through my blog & other websites of mine, plus a producer credit in the film & an appropriate % of profit, if any, whenever it may (or may not :) happen. And if the film does not happen, then I would want the $s paid back, when possible, so that I can try to use it to help another project.

Now that indie films are cheap to make due to DV & can be self-distributed with press help coming from blogs, it is time to do (and more importantly it is possible to do) what we indie film fans can (including with $s) to make sure interesting movies get made by interesting filmmakers, even if we do not have a lot of money to spare. All a part of participating in the new digital & web enabled indie filmmaking scene.

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