Talk about refreshingly lateral!
The producers of an Australian feature film in development are using two radical content strategies - crowd sourced finance and Peer to Peer distribution.
Aiming to raise $135k, they are selling off "frames" of the film to "investors" who want to see the project made.
Using the formula 135k frames = 90 mins @ $1/per frame, bingo, $135k
When the film is made, it will be distributed via Bit Torrent for free.
Investor will receive a digital frame, plus one lucky person will 1% of the profit from other sales.
If you decide to invest, you can opt to have your name included on the investor roll.
Andrew Denton is in for 200 frames.
The fine print states that if the money is not raised the producers agree to donate the money to a registered charity.
It's not clear from the site whether the $135k is the budget for the whole project.
Also, I can't see a use-by date anywhere, which could be a problem for some people.
But, in a word, brilliant!
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