Have you ever pitched in a few bucks to crowdfund a movie? You probably got a T-shirt or a DVD or maybe even a ticket to the premiere as a thank you gift. And that was probably it, because it is against the law for crowdfunders to get actual money back on their investment. But on June 19th, the SEC will change that rule so that the little guy can potentially make big bucks crowdfunding films.
New Rules for Crowdsourcing Film Finance
- Schuyler Moore - Partner, Law Firm of Strook, Strook & Lavan; Author