Two films, a feature and a documentary, recently completed their funding through the site. It also is an opportunity for her to learn more about the motion picture industry. After Mapother explained the concept and told the group about the management team that had been assembled, Mueller said, they were hooked. There is no charge for using the site, but Mapother expects that to change late this year or early next year. . Some magazine folks evidently thought so, too.
The company plans to disclose the names of the films within a few weeks. He also likes the design of www. Two quick reasons: One, it will help private businesses raise money, which helps create jobs, which helps you buy stuff and be a good American. She declined to say how much she invested. Xavier High School and from University of Notre Dame, Mueller said. The foursome together contribute a variety of business expertise, ranging from technology to investment banking to law to filmmaking, Mapother said.
Frazier said she considered minoring in film in college. He served on the board of directors of the Screen Actors Guild from 2007 to 2011. But Mapother thinks he has found an answer on the Internet by linking people who want to invest in movies with independent filmmakers who need financing. Mueller said he and four other local investors had lunch with Mapother several times during the fall of 2010. Two, it will help give you access to invest hopefully, even small amounts in businesses and industries that you believe in. The younger Mapother is a cousin of actor Tom Cruise. Mapother declined to identify the other investors.
Mueller told him he might be interested himself, and he offered to get together a group of friends, including Frazier, whom he thought also might be interested. Once word about those two fundings gets out, Mapother said, interest in the site will grow quickly. Mapother knows of no other site that links independent films with investors, he said, but there is a Web site, , that enables donations to independent films. His father, the late William Mapother Sr. The investment struck her as a great way to help out independent filmmakers, she said. The site exists now in beta form at www. But he does get quarterly financial statements from the company and e-mails when new investors or films are put on the site.
Okay, politics and finance mash-up over for today. As yet, no revenue from site The big focus for the past six months at Slated. He declined to say how much he invested. Mapother said the management team and the founders select the projects based on their budgets and on the experience of those involved. This week they on , my crowdfunding film-finance site, and me, the once and former and sometime Louisville native and visitor and resident.
For now, he added, the plan is to corner the market and get a lead on any potential competitors. Both of them graduated from St. They were the first two films ever to complete their funding through Slated. . . .
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