Studio Beyond says Financial Backing for Film-Makers Needs a Revolution

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The current process of finding film financing is fast becoming a dinosaur.

Speaking in Los Angeles recently, Oscar-winning producer Jeremy Thomas told the audience that independent international film-makers who come to the US in search of financing are making “a wasted trip”. He explained that both the stricken economy and the demise of numerous US distributors had left the US independent sector in dire straits, urging young film-makers to broaden their horizons in the gut-wrenching search for funds and to look far afield for a pre-sale.

In response to this, CEO Jasmin Prosser of the leading online business platform for movie making Studio Beyond (http://www.studiobeyond.net) commented, “Mr Thomas is absolutely correct in warning film-makers to stay away from the dinosaur that is traditional film financing and expand their horizons instead. Movie makers have far too many constraints at this time and it is our aim to shake up the traditional approaches so that film makers can tap into film financing resources online in the same way as the internet has facilitated the life of billions of people around the globe.”

The Studio Beyond model seems set to provide film makers with the long waited solution that the sluggish film industry needs. Studio Beyond was launched specifically to revolutionise the way movies are produced and funded. They offer a cutting edge online business platform that brings movie producers in contact with worldwide distributors and funding – without the frustrating barriers of the traditional process.

Using this approach, producers can have access to film funding resources, distributors can identify projects and movies, while financiers can select which project(s) they want to invest in. This gives them total transparency and control over their investment i.e. survey tools which offer a valuable audience insight into the potential of the film project(s) before proceeding production. In addition they will gain a valuable advance insight into a film’s box office potential in foreign territories. As result of this, a multitude of new projects and talent can very quickly gain vast exposure, while also sustain an industry that is undergoing rapid changes. Recent successes of independent low budget movies are proving that high returns for investors are generated through low-cost productions, which are starting life even without major studio backing.

Using an innovative online 'Virtual Office' application, Studio Beyond (http://www.studiobeyond.net) gives movie makers a tailored platform and barrier free access to people that matter – in essence the Virtual Office is like a physical office with an open directory of professional contacts, while also offering a private screening room and direct communication channels. At the same time it effectively provides ‘freedom of choice’ and privacy for those who require it.

Jasmin Prosser of Studio Beyond concludes, “In order to keep the film industry vital for an increasingly demanding audience hungry for next new thing, as well as to facilitate the right resources for movie makers to bring their projects into fruition without time consuming barriers, it is crucial to remove traditional constraints and bring the film community into the new interconnected era of the 21st century. The approaches of the past are fast becoming obsolete.”

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Melissa Fletcher
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