Vimeo Offering Indie Filmmakers $10K to Distribute on Vimeo First:
Venture Beat is reporting that Vimeo is offering filmmakers presenting at the Toronto International Film Festival an advance of $10,000 to debut on their platform. If you take the money, you agree to distribute on Vimeo for as long as it takes them to earn $10,000 in sales. You are minimally required to offer them exclusivity for 30 days.
After they make their return, Vimeo will split all future profits from the film 90/10 with 90% going to the filmmaker.
On the surface, this looks like a win/win. Filmmakers get access to a burgeoning platform that offers a generous revenue split if you’re able to really draw an audience. The terms are pretty flexible after the first 30 days. On the other hand, Vimeo adds quality titles curated by the Toronto International Film Festival staff, piggybacking on any buzz the festival may generate.
Would you take the offer?
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- thetruefreemo answered: This is a really great deal.
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- filmdistillery answered: Like all things in film I am intensely curious what the end result will be, but as is often the case I doubt many hard facts will emerge.
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- lillyredhawk answered: "if you are able to really draw an audience"…may be good for those who really can advertise well.
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- arcanematter answered: Sounds like a great deal, but like all things needs careful consideration.
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