Advertisements

New Crowdfunding Platform Launches to Help Save 3,000 Movie Theaters from Going Out of Business as Hollywood Converts to Digital and Completely Eliminates 35-millimeter Film Distribution

21 Apr

By Robert Hoskins

A new crowdfunding platform, SaveOurCommunityTheaters.org, has launched to help rural movie theaters make the migration from analog to digital media. In a move that is expected to save billions in distribution costs for movie studios, by the end of 2013 Hollywood plans to to stop distributing movies on 35-millimeter film and convert entirely to digital movie distribution.

This conversion will save billions for studios, which will no longer need to deliver cumbersome film.  Most movie theaters in large cities have already converted to digital media, but more than 3,000 throughout rural America have not made the change due the cost of installing new digital movie equipment.

SaveOurCommunityTheaters.org Allows Movie Theaters Nationwide to Crowdfund their Transformation from 35 millimeter to digital

SaveOurCommunityTheaters.org Allows Movie Theaters Nationwide to Crowdfund their Transformation from 35 millimeter to digital

“The problem,” said SaveOurCommunityTheaters.org spokesperson Scott Wilson , “is that over 3,000 cinemas across the United States are in real danger of closing. They simply don’t have the extra $50,000-$80,000 per theater needed to make the conversion.”

Michael Hurley , owner of the Colonial Theater in Belfast, Maine estimates that 20% of all theaters in North America could be lost.

SaveOurCommunityTheaters.org believes this loss is unacceptable, said Wilson. “We are harnessing our social media Circlefunding(SM)  technology to make sure community theaters are here to stay.”

Community theaters are fundamentally important to the health and wellbeing of communities. Often these theaters have been around for generations and are part of the fabric of the town. They provide history, a meeting place, and employment, said Wilson.

SaveOurCommunityTheaters.org has fundraising project ideas, web assistance, promotional suggestions and utilizes next generation fundraising technology – Circlefunding – to assist small town theaters.

Unlike many other Crowdfunding sites, which promote a variety of projects, SaveOurCommunityTheaters.org focuses entirely on community theaters.

Advertisements

2 Responses to “New Crowdfunding Platform Launches to Help Save 3,000 Movie Theaters from Going Out of Business as Hollywood Converts to Digital and Completely Eliminates 35-millimeter Film Distribution”

Trackbacks/Pingbacks

  1. #Crowdtilt Raises $12 Million in Series A Funding to Support Explosive #Crowdfunding Industry Growth | Crowdfunding Press Center - April 21, 2013

    […] New Crowdfunding Platform Launches to Help Save 3,000 Movie Theaters from Going Out of Business as H… […]

    Like

  2. New #Restaurant and Food Truck #Crowdfunding Platform Allows Anyone to Launch a #Food Service #Business | Crowdfunding Press Center - April 23, 2013

    […] New Crowdfunding Platform Launches to Help Save 3,000 Movie Theaters from Going Out of Business as H… […]

    Like

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: