Wednesday, November 5, 2008

New Revenue Models: The Search Is On!

Well, at least in the UK.  Here in The States we are still left to our own devices, but over there NESTA & The UK Film Council has created Take 12
to encourage independent film companies to embrace new digital technology and use it to build new revenue streams.

The programme works by pairing up 12 film businesses, from across the value chain, with digital consultancy expert strategists (innovation partners), who will allocate approximately $75,000 (£40,000) worth of their time to each participant.

Each company will receive a specially tailored programme of financial/business planning support to help them identify and deliver opportunities for new forms of distribution. And hopefully bring in new revenues.

"Take 12 is not just about investing in companies, it is about conducting an experiment from which the film industry can learn from"
I wonder how we can encourage the same thing to happen in the U.S.?

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