Tuesday, August 6, 2013

On the SEC Jobs Act and You

On the SEC Jobs Act and You,

For more information visit: After SEC JOBS Act Ruling, How Can You Approach Film Investors?


What is this mumbo jumbo?! I need to adopt an MBA.

From what I can tell, there was something preventing investors from becoming legally involved with a production via public option. You had to have a personal relationship developed. The easiest way I can think about this is they way people currently invest in stocks, via their broker for example. Now that rule is changing, and while the oversight and background checks the S.E.C. demands over trade may become initially burdensome as this becomes publicized and pursued by producers, my question is how will this change the way producers fundraise?

There is already a lean in the discussion to implicate a heavy involvement of crowdsourcing mechanics. And I'm betting on an emergence of new business specialties and careers bridging the gap for what's lost in translation between non-film and film industry investments. As an example, read my next post regarding the Filmonomics blog entry on discussing Silicon Valley vs. Hollywood.

Let's get what we came for,
C.M. Sanchez III