How Crowdsourced Funding Is Affecting Hollywood
Aspiring screenwriters and directors often have a hard time breaking into the film industry. Many studio executives are wary of change and prefer to work with people that have a history of good results. Funding for small-budget and independent (indie) films is often hard to come by.
All of that has changed with the combination of the Internet and crowdsourced funding. Now, an indie filmmaker can post projects to online sites like KickStarter and IndieGoGo and raise funds from people around the world. These crowdsourced funds enable anyone who has an idea to get money to complete their project without going through the usual Hollywood channels.
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