ATTENTION ALL SCAD FILM STUDENTS »
AP’s a new online hub where civilians can throw support behind prospective feature films by nominally investing in them, in turn securing an interest in the final product, so…you know you’re getting mad DVD copies! First, a team of Hollywood vets (Twin Peaks, Hard Candy…) selects a worthy script (avail for prospective investors to read), after which a budget’s determined and they start selling blocks of 2-250 shares (currently $10 per); once the goal’s reached, they secure a completion bond, film the flick, and arrange a distribution deal approved by the investors, with any dividends distributed amongst all shareholders, capitalizing on the movie industry’s most famed product: financial honesty. Investors aren’t privy to major creative decision-making, but’re invited to have online chat sessions with the director/actors, preview early clips, and participate in polling events for the selection of scene sequences; when it’s all wrapped, you’ll even get your name in the credits, though if you think that makes you famous, Grips are a good reminder you need to get one.
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