July 21, 2008
Raindance (.TV) Goes For A Million
Raindance.TV, a U.K.-based new- media film distrib, has completed its first phase of raising coin, going for and securing just under £500,000 ($1 million), and is set to launch its website in the fall.
According to the Hollywood industry-insiders Bible, Variety, The company was founded 10 months ago as a distrib of indie fare via third-party platforms. It has handled 30 features and 200 shorts over a dozen platforms, including Babelgum, Daily Motion, Joost and T-Mobile.
Beginning in September, RDTV will also distrib content via its own website.
Sixteen years ago, a crazy London-based Canadian called Elliot Grove started a micro-budget Barnum-and-Bailey film festival for outsiders and indies and rejects, called Raindance. With a lot of help along the way from directors like Quentin Tarantino, Mike Figgis, Ken Loach, Mike Leigh, and Paul Greengrass, he succeeded.
Six years later, he and his merry gang started an alternative awards festival for indie cinema – the BIFAs. Now they are the toast of London town and its independent film world. In November ’07, the BIFA’s celebrated their 10th anniversary in the newly re-launched and legendary London music venue, The RoundHouse. The winning film was that coolest and smartest of music movies, ‘Control’.
And now, all shiny new, for 2008, with Elliot in tow, Raindancer brings you the latest, web-wisest, and cutest offering with the positioning line "Discover. Be Discovered. On Raindance.tv
The company has finalized the makeup of its board, with Chris Auty tapped as non-executive chairman and Andre Burgess as CEO.
"The response we have had so far in the market to our combined online/off-line business model has been very promising," said Burgess, a digital media consultant whose clients include Working Title Films and Universal Pictures.
Source:
http://fragerfactor.blogspot.com/
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