Producing Credits for $ale???

Macphilia

Macphilia

Well-known member
Just wondering what you all think about people offering associate producer and/or executive producer credits on crowdfunding sites, e.g., Kickstarter & IndieGogo???

If you're not familiar with these sites, people raise money for their creative projects through donations in exchange for perks. Some film projects offer associate and executive producer credit for higher dollar amounts, say $100 - $1000.

I'm personally going to run a campaign in September and am ambivalent about this. However, I do know such things happen outside the crowdfunding world.

Christopher
 
Isn't that kind of what an associate producer is anyway? someone that invests a lot of money into the film? of course in this case i think it's more of a donation than an investment. i'd be fine with it too.
 
dust'n the callipygous said:
Isn't that kind of what an associate producer is anyway? someone that invests a lot of money into the film?
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That's what I'm wondering. I'm pretty sure it occurs with investors, whether associate or executive.

But, for all it's worth, I want my project to have integrity, so I don't want to stray too far from professionalism.
 
It would be fine if it works, but it rarely does. You're better off finding a few people to put it in large investments than a lot of people putting in a little. And I say investments because asking for donations in large amounts is ridiculous. People will donate to artistic endeavors, but not enough. And I don't like taking without giving.
 
Associate producer can mean a lot of different things.

Whether it works or not (and I don't imagine it does), I believe there is a risk of SEC complications. I'm no lawyer, but it sounds like a public offering, which is illegal without registering with the SEC.
 
That's an interesting point, Jim B. I wonder too....

It'll be interesting to see what happens. I don't remember where, but I recently read something about the MPAA and/or the PGA trying to crack down on gratuitous, for sale producing credits, which, as I mentioned above, definitely happens in Hollywood in a variety of ways...
 
Jim Brennan said:
Associate producer can mean a lot of different things.

Whether it works or not (and I don't imagine it does), I believe there is a risk of SEC complications. I'm no lawyer, but it sounds like a public offering, which is illegal without registering with the SEC.
Click to expand...


To violate SEC rules, you have to offer equity to the individual. If you say, "buy an associate producer credit, and I'll give 10% of the net profits"... that's offering equity and requires SEC registration (if the offer is public, if you have a pre-existing relationship with the individual you don't need to register.). Offering a credit with no equity and maybe a few freebies is free from SEC rules, as far as I know.
 
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