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Crowdfunding - A Viable Alternative Source Of Finance For The Film Industry?

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  • FANEA-IVANOVICI Mina

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Crowdfunding has emerged as an alternative source of finance for companies or projects with insufficient resources, which are ineligible for traditional funding. The paper discusses the impact of crowdfunding in film industry projects and presents several financing methods in the film industry and the crowdfunding experiences from a selection of countries. The research consists in a content-based study performed on the active Romanian crowdfunding platforms and places crowdfunding within the context of the traditional local film funding method. The results illustrate the dimension of crowdfunding for the Romanian film industry and the adequacy of resorting to this source of finance.

Suggested Citation

  • FANEA-IVANOVICI Mina, 2018. "Crowdfunding - A Viable Alternative Source Of Finance For The Film Industry?," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 70(3), pages 79-88, August.
    • Handle: RePEc:blg:reveco:v:70:y:2018:i:3:p:79-88
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/70307fanea-ivanovici.pdf
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    References listed on IDEAS

    as
    1. Josep Martínez-Polo & Jesús T. Martínez-Sánchez & José Manuel Noguera Vivó, 2016. "Participation and Sharing Economy: The Spanish Case of #Compartirmola," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis (ed.), Entrepreneurship, Business and Economics - Vol. 1, edition 1, pages 15-22, Springer.
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    Cited by:

    1. Mina Fanea-Ivanovici, 2019. "Filmmaking and Crowdfunding: A Right Match?," Sustainability, MDPI, vol. 11(3), pages 1-30, February.
    2. Rosaria Ferlito & Rosario Faraci, 2022. "Sustainable Hybrid Business Model of Benefit Corporation: The Case of an Italian Film Production Company," Sustainability, MDPI, vol. 14(10), pages 1-17, May.

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      More about this item

      Keywords

      crowdfunding; creative-cultural industries; film industry; communities; film production & distribution;
      All these keywords.

      JEL classification:

      • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
      • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
      • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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