Showing posts with label crowd funding. Show all posts
Showing posts with label crowd funding. Show all posts

Saturday, July 9, 2016

Content Is An Enduring Investment

You may be reading this post the day I posted it. You might have stumbled across it three months from now. You may be the future me, re-reading it 15 years hence, lamenting how the kids just don't write blog posts like they used to with their fancy gizmos and idioms.

We’ll assume no internet-killing disasters occurred between now and your reading session, otherwise, can I please have my laptop back? But finish reading the article before you return it, because the point of the piece is that content survives like the Twinkies you probably found in the remains of my flat next to the husk of the computer.

The topic occurred to me following a discussion I had with longtime friend Michael Ashton. Mike explained how he had launched a fundraising round for his company, Enduring Investments. He also told me about the new book he just published. As we discussed the marketing of the new venture, we decided the two went hand-in-hand. 

One of the superpowers Mike possesses is a surpassing knowledge of inflation. He uses his abilities to help investors of many types protect their monies against its insidious destruction of value and distortion of incentives.

I can tell you that he knows his stuff, that he’s a nice guy who would zealously work to grow the value of your investment in his company, and that he excelled in his undergrad at perhaps the universe’s finest post-secondary institution, San Antonio’s Trinity University. I also expect that if you don’t know him (and especially if you don’t know me, either), even that glowing recommendation won’t be enough to get you to buy in to his venture. You’re going to want to see for yourself that he has the experience and wisdom to succeed.

Enter content.

Mr. Ashton has spent years writing a blog about relevant inflation issues. When we lunched together, he had just gotten back from a conference where he shared the stage with the likes of George Will. He is, as noted, a published author. Thanks to such contributions to the world’s base of knowledge, you don’t need to take my word that he’s more Mastermind than Madoff.

Find an article like “Maximizing Personal Surplus: Liability-Driven Investment for Individuals” on his LinkedIn page. If you’re an accredited investor, sign up for his blog. Buy his book (he’d really like that). You can satisfy yourself that he knows what he’s talking about and maybe get in on the ground floor of a fantastic opportunity.

Content endures. An author with a history can establish how he or she knows an industry inside and out. An older post may not reveal useful insights about current markets, but it does let you know the writer has experience on which to draw. Even the most ambitious central bank can’t crush the value of quality writing, audio, or video.

Inflation is indeed a supervillain. It punishes savings, penalizes long-term thinking, and serves as an enabling agent for greedy public officials. If you listen to Mike Ashton and his library of useful content, you might survive the next Weimar Republic or unauditable Fed. That’s probably why you’re the one poking through the rubble of my apartment. Enjoy the Twinkies.



Rush Olson has spent two decades making creative products for companies, sports teams, broadcasters. He currently creates ad campaigns, shows, and related creative projects through his company, Rush Olson Creative & Sports.

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Friday, April 8, 2016

Playing to the Crowd

This article originally appeared in the Blotch section of the Fort Worth Weekly's website. To read it on that site : http://www.fwweekly.com/2016/04/07/playing-to-the-crowd-thoughts-on-directors-cut-by-adam-rifkin-and-penn-jillette/

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Director Adam Rifkin and writer/performer Penn Jillette needed their film “Director’s Cut” to be more than a movie. In fact, they needed it to be two movies on the screen, and a great deal more off it.
Media is more interactive than it has ever been. As consumers control the flow of what they watch, listen to, and read, they increasingly break the fourth wall. They can engage not only with the story they’ve chosen to watch but with the process and environment that created it. And, thanks to social media and other technology, they can participate in it at unprecedented levels.

“It was the idea is that everything is becoming so meta and everything is becoming so mashup. Wouldn’t it be really terrific to do a movie where they took all sorts of disparate media and threw it together and made a movie that was really one of passion,” Jillette noted during a question-and-answer session following Friday’s screening of the film at Plano’s Angelika Film Center.



“Everybody is becoming more and more aware of things like mashups (and) fan edits. It’s something that’s actually been popular in music for a long time, where people will sample things from other songs and create a completely new piece of music from components of other music. But I’d never seen it done with a movie before,” Rifkin said. “This movie exists entirely because of new media.”
They held the screening, complete with red carpet, for the film’s “producers,” aka anyone who had contributed to the FundAnything “Make Penn Bad” campaign. Jillette and Rifkin had to fund it that way, partially because major studios didn’t bite on the film’s unique premise, but also because crowdfunding figures so heavily into their story that it almost wouldn’t have seemed right to do it another way.



“We pretty early on figured out this would be difficult movie to get funded in the traditional way. So Penn was the first one to suggest crowdfunding,” Rifkin said.

Jillette’s wife Emily administered much of the effort, which raised more than a million dollars. She attended the screening as well, and when a patron asked whether they might consider crowdfunding a future movie, the mother of two quickly interjected a decisive “no.”

The darkish comedy’s plot revolves around a character named Herbert Blount played by Penn Jillette.  The crew of a movie called “Knocked Off” allows the creepy, yet amiable, galoot (Rifkin called him a “sympathetic monster”) on the set by virtue of his sizable contributions to their crowdfunding campaign. Blount has an unhealthy obsession with Knocked Off’s female lead, Missi Pyle (playing herself in Director’s Cut), and the demented amateur filmmaker decides he will make his own version of the movie in which he will co-star with her. He steals their footage to go with what he’s shot himself on set, kidnaps Pyle, and sets about playing director.

The trick is that the entire movie you see when you watch Director’s Cut is Blount’s film, with the character’s DVD-style director’s commentary as narration throughout. Pristine images shot with a high-end Red Epic camera, ostensibly for the “Knocked Off” film, sit side-by-side with the clips Blount would have done himself, for which they used a prosumer camera, GoPros, and phone cams. To make it all work, they had to obsess over continuity.

“It’s a fake movie about a real movie being made, in which a fake crowdfunder is playing a real crowdfunder amid real crowdfunders, in a crowdfunded fake movie, but it’s a crowdfunded real movie,” Rifkin mused. “You’ve got keep track of all those different movies. Which one is Knocked Off? Which one is Herbie’s? How did Herbie get this footage? It looks simple when you see it all together, but we were tearing our hair out a lot during the process.”

Penn Jillette believes they got it right.

“There is not one frame of that movie or one line of that movie that isn’t completely justified that Herbie could have gotten ahold of the footage,” he said.

That’s not to say there aren’t a few moments to make you think about the world beyond the film. If you are a fan of Penn Jillette, the real-life performer, you may find it ironic when the avowed atheist’s character is thrown off track by Mormon missionaries or when his famously muted partner Teller delivers some deviant lines in a twisted cameo. The idea for the film came from Jillette’s creative brain after he became fascinated by directors’ commentary features.

“You trust that person to actually be in control,” Penn Jillette said. “I thought how kind of creepy and interesting it would be to give yourself over to someone in the director’s commentary that was actually crazy, who actually did not make the movie.”

He originally conceived it some ten years ago, before raising money from the masses took hold. Crowdfunding ended up not only helping him make the movie, but helping it make sense as well.
“I had his movie that I loved the script, but I put Herbie on the set by having him be a pizza delivery guy and work in craft services and it was always the weakest part of the script. It was really hard to justify,” Penn Jillette told a questioner. “Then we decided the movie had to be crowdfunded. We went through and did that rewrite and all of a sudden, the whole movie came together. So now, it’s very clear that, money aside, the movie could not have been made without crowdfunding.”



Anyone could contribute to the fundraising effort, and a diverse group attended the screening, which was held in North Texas because a funder named Randy Pitchford made the largest single payment among the 5,000-plus contributors. Attendees wore everything from David Bowie t-shirts to tuxedos. People in business suits mingled with fanboys. We saw pink hair, turquoise hair, and, of course, Penn Jillette’s notorious red fingernail. He and Rifkin have done a number of appearances related to the movie, and many of their crowdfunders have visited the set and the editing room. The newcomers’ presence became an asset for the filmmakers beyond the monetary contributions the fans made to get themselves there.

“By showing the cut so many times to so many people who came in, the cut got so much better so much quicker,” said Rifkin. “A lot of the people who came in for Boot Camp (the project’s name for crowdfunded edit session visits) had great ideas that you see in the movie. They’re incorporated into the film.”

“The experience in crowdfunding this movie for the Adam Rifkin of the movie is a nightmare. The experience of crowdfunding for the actual Adam Rifkin was just a joy,” Penn Jillette commented. “I have actually made friends from the crowdfunding, which is astonishing to me.”



At one point in the film, we see Blount has a painting of Missi Pyle hanging on the wall of his home (they reached out to their funders to crowdsource the painting). Given the film’s premise, one could wonder if a Herbert Blount copycat, with a painting of Penn Jillette on her wall, might have contributed to Director’s Cut.

“Of our almost 6,000 crowdfunders, there are a couple real-life Herbert Blounts. They’re not scary like the real Herbert Biount, but they’re a little HerbertBlountish,” said Rifkin. “We were never actually scared anything was going to happen, We just laughed. It was kind of funny. There were a couple very enthusiastic fans who have become very much a part of the experience for us.”
Having successfully funded and created their motion picture, Jillette and Rifkin premiered it at the Slamdance Film Festival in Park City, Utah, which Rifkin said had to add additional screenings to accommodate demand. They now want to make it available for more than just their fellow filmmakers.

“We’re screening it on the festival circuit, traveling the world with it,” said Rifkin. “Because it’s an unusual film, it’s a tough sell, because distributors don’t necessarily know the easiest way to sell it. So we’re trying to build buzz, build attention, get the word out there, showing it at a bunch of festivals in hopes that it will start to find its audience and a distributor will realize that and take it on. And, additionally, we’re trying to think of out-of-the-box ways to get it out as well.

Securing distribution for any film has its challenges, even one helmed by a public figure like Penn Jillette. During their Plano Q&A, the duo suggested to their fans that the filmmakers were open to ideas on how to get the movie released. That approach would seem logical – it would come as no surprise if a crowdfunded film that riffs on crowdfunding succeeded thanks to a crowdsourced distribution idea.


Rush Olson has spent two decades making filmic creative products for companies, sports teams, broadcasters. He currently creates ad campaigns, shows, and related creative projects through his company, Rush Olson Creative & Sports.

RushOlson.com
Linkedin.com/company/rush-olson-creative-&-sports
Facebook.com/RushOlsonCreativeandSports