On Monday, Kickstarter announced it has teamed up with technology giant, Kodak for a new initiative to help creators who want to shoot their projects on motion picture film stock. The crowdfunding platform revealed that this partnership will provide creators with discounted film stock and support them in launching impactful crowdfunding campaigns for their new film projects.
While explaining details, Kickstarter noted that Kodak will provide either 35mm – or – s16mm film (negative, intermediate, or print stock) of the filmmaker’s choice, free of charge, correlating to the amount of money raised by the Kickstarter campaign:
- 20% match of the first $100,000 raised by the filmmaker on Kickstarter in list price 35mm (film value not to exceed $20,000).
- 15% match of the first $100,000 raised by the filmmaker on Kickstarter in list price s16mm (film value not to exceed $15,000).
Kickstarter then stated:
“Additionally, Kodak will provide discounted pricing to participating filmmakers on supplemental motion picture film purchases for the project. To further support the participants, William Morris Endeavor’s Global Finance and Distribution Group will mentor the filmmakers on packaging, financing, and sales strategy.”
The funding portal added:
“Kickstarter is deeply committed to supporting independent filmmakers. More than 20,000 projects have been successfully funded in Film and Video, with over $330 million in pledges and counting. This new partnership also builds on Kickstarter’s focus on restoration initiatives to archive, preserve, and renew creative work. We are thrilled to share Kodak’s mission to celebrate the art of filmmaking. We want to make it easier for filmmakers to focus on storytelling and making their art come to life in the most vibrant medium possible — and this partnership lets Kickstarter creators do just that.”
So far, five projects have already signed on.
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