Film crowdfunding website Touscoprod is broadening its scope with a new format open to all content, ranging from TV series to musicvids, toons and shorts.
Paris-based Touscoprod was launched in 2009 by Nicolas Bailly and Barbara Tonelli as a full-service co-production and distribution Web platform. It helps to fund two projects a month.
The website will now welcome all type of programs from cybernauts seeking financing.
“The idea is to give filmmakers the opportunity to have their own webpage hosted on Touscoprod and manage it themselves,” said Tonelli, who participated in a panel on crowdfunding at Mipcom. “That way, they’ll benefit from our traffic and online community to build a buzz around their films and raise funds.”
The concept will remain the same: Web users can check Touscoprod’s online catalog and invest $10 or more to become co-producers. Touscoprod keeps 10% of the project’s profits for the company and gives contributors a return on their investment or a refund if a project isn’t made.
Touscoprod is also launching a free VOD platform. Tonelli said the company has signed deals with Univercine and KMBO, among other catalog rights-holders.Filmmakers who place their projects on Touscoprod will be able to buy titles on the company’s VOD site and offer them to cybernauts who contribute to their projects’ financing, explained Tonelli.
Touscoprod has co-financed 19 projects and raised more than €600,000 ($800,000).One of its current films is “Confessions d’un enfant du siecle,” toplining Pete Doherty and Charlotte Gainsbourg, based on the autobiography of 19th century French author, poet and dramatist Alfred de Musset.