This is some really cool news on Vimeo, a leading motivator for independent filmmakers of all shapes. Take a look at VentureBeat’s article and see what you think – I am intrigued to follow this innovation and see where it leads!
Originally posted on VentureBeat:
Vimeo is very serious about being a major distribution channel for independent small production films — so much so that it’s offering film makers presenting a movie in the Toronto International Film Festival $10,000 to debut their work on the site before anywhere else.
Under a new partnership, Vimeo will give the $10,000 as an advance to any film that is willing to be released exclusively online through Vimeo. Film makers can set up a pay-per-view price to see the movie through Vimeo, and subsequently use it to make money after its finished at the box office. Since launching in March, Vimeo’s on-demand PPV service has added over 2,000 titles globally.
“Vimeo On Demand can be a great complement to traditional distribution channels,” Vimeo CEO Kerry Trainor told VentureBeat. “This is a first-of-its-kind offering.”