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BEST PRACTICE:

 How To Finance, Produce,
    and Distribute Cross-
Media Projects Internationally?


          Lina Srivastava
        Sheffield Doc Festival

            14 June 2012
Best Practice:
Build Your Business Model


“A business model is the story
  of how value is created,
 delivered, and captured.”

                             -- Saul Kaplan,
      The Business Model Innovation Factory


         Best Practice | Transmedia
Best Practice | Transmedia
5 Case Studies:

          Lakou Mizik
18 Days in Egypt | GroupStream
          The Iran Job
         America 2049
    Who Is Dayani Cristal?




        Best Practice | Transmedia
Lakou Mizik




Best Practice | Transmedia
Lakou Mizik

Content Production
+ Lakou Mizik music
+ Lakou Mizik webisodes
+ Lakou Mizik Sessions

Distribution platforms
+ Album
+ Concert film shot in a classic Haitian outdoor “Lakou”
+ Website: music discovery and marketplace for musicians
+ Short-form interactive documentary films on featured musicians
+ LM “episodes” (downloadable song, short film+music video)
+ Media for television and film festivals
+ LM Collective music tour both in Haiti and internationally
+ Dedicated YouTube channel
+ SoundCloud (download, streaming, remix)



                         Best Practice | Transmedia
Lakou Mizik
Social Action

+ Tangibles
++Culture Regeneration
++Economic Development
++Community Vibrancy
++“Leave Behinds”
+++ Direct paths to action
+++ Lakou Mizik Marketplace
+++ Lakou Mizik Studio
+++ Education, Training, Networking

+ Intangibles: Awareness-Raising
++ "Positive awareness" + "empathy"
++ Shifting the narrative to a more positive picture of Haiti
++ Cohesive picture of systemic change
++ Musicians’ stories about issues in their communities

                             Best Practice | Transmedia
Lakou Mizik

Audiences | Fans:

                                       + Haitians in-country
                                       + Haitian Diaspora
                                       + Fans of World music
                                       + Fans of Caribbean music
                                       + Arts/activism
                                       + People who helped post-
                                       earthquake and who need
                                       to reengage




                    Best Practice | Transmedia
Lakou Mizik




Best Practice | Transmedia
Lakou Mizik




Best Practice | Transmedia
Lakou Mizik


Financing:

+ Corporate Sponsorship ***
+ Audience Funding / Crowdsourced Funding
+ Philanthropic Funding
     + “Film Philanthropies”
     + Foundations Supporting Aid/Development in Haiti
     + Impact investment funds: LM Fund
+ Income Revenue model




                    Best Practice | Transmedia
Best Practice | Transmedia
Successes:

+ Content:
   ++ The platform is up, active, alive
   ++ People know about it: It’s fulfilling a need
   ++ Filled with 1000 stories
   ++ Starting to get interest from established partners

+ Technology:
    ++ Forward movement is to become a service provider on
    group storytelling

+ Lesson Learned:
++ Can become commercially viable off the back end


                        Best Practice | Transmedia
Challenges:

+ Content:
   ++ Funding: $120,000 ($100K from TFI, 20K from Kickstarter)

+ Technology:
    ++ Even harder raising funds from VCs if you’re “successful”
    on other sources-- they want to be the first ones in

+ Lesson learned:
    ++ “Who are you?”
        +++ Combined a technology company/documentary
        company, but didn’t distinguish the two enough
        +++ Combined management
        +++ Combined philanthropic funding with VC asks

                        Best Practice | Transmedia
“Kickstarter is not for everyone.” -- Sara Nodjoumi.




                  Best Practice | Transmedia
The Iran Job




Successes:
+ Funding: Doubled their Kickstarter ask 4 days before the deadline
+ Audience: Had a built-in, existing audience




                        Best Practice | Transmedia
The Iran Job


Mixed blessings:
+ The film will most likely be self-distributed
+ Have pursued traditional avenues for distribution, but it’s too slow.
+ Audiences respond well, so they’re not going to wait.
+ Need USD $100,000 to put it into 10 cities.
+ They are going back to their grantors:
   ++ None of the “traditional” funders
   ++ Personal contacts, Iranian-American orgs




                          Best Practice | Transmedia
The Iran Job


Challenges:
+ Management:
   ++ 2-3 people working full time for 3-4 weeks before launching
   the Kickstarter campaign
   ++ Spent a lot of time on the rewards
   ++ Every detail was studied, but delivery deadlines were pushed
   back
+ Catch 22:
   ++ The money gets spent.
   ++ And people think you’ve already got the money
+ How to keep momentum after the Kickstarter campaign




                     Best Practice | Transmedia
The Iran Job




Lesson learned:
+ Your rewards are your donor engagement, your marketing tools
(even in pre-production).




                    Best Practice | Transmedia
AMERICA 2049
   Best Practice | Transmedia
AMERICA 2049
Successes / Impact:

+ Over 20,000 throughout the world played through the 12 week
run

+ 110,200 unique Facebook interactions. 5,200 twitter followers

+ 86% of players indicated at least some willingness to become
active on an issue they encountered in the game

+ 56% reported they had spent time reconsidering their views on
the issues raised in real life

+ Generated mainstream press coverage from 120 outlets
AMERICA 2049


Lessons Learned:

+ Balancing Engagement with Message to Increase Impact

+ Moving Players from Clicktavism to Activism

+ Transitioning from Expected to Novel Application of Platform

+ Exploring New Distribution Models & Unlikely Partnerships

+ Accounting for volunteer hours

+ ROI: Project management to Scale to Impact
Who Is Dayani Cristal?




     Best Practice | Transmedia
Who Is Dayani Cristal?




     Best Practice | Transmedia
Who Is Dayani Cristal?




Inside Comayagua Prison, Honduras
Who Is Dayani Cristal?



Successes:
+ Funding: Film has strong funding and investment
+ High aesthetic quality and innovative narrative form
+ “Flipped the Model”: Strategic Planning:
       ++ Social action and cross-platform strategy developed
       alongside film development and production
       ++ Audience engagement planning developed alongside
       film development and production




                      Best Practice | Transmedia
Who Is Dayani Cristal?




Challenges:
+ Need to flip the model of funding:
++ Social action, cross-platform, audience engagement need
funding earlier in the process




                      Best Practice | Transmedia
Who Is Dayani Cristal?




Lessons learned:
+ Strategic planning needs to be done earlier in the process
+ Impact planning and measurement are a specialized skill
+ Build strong, cross-sector teams




                       Best Practice | Transmedia
Lina Srivastava

http://linasrivastava.com
info@linasrivastava.com

@lksriv




                   Best Practice | Transmedia

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Sheffield Doc Fest: Business Models and Financing

  • 1. BEST PRACTICE: How To Finance, Produce, and Distribute Cross- Media Projects Internationally? Lina Srivastava Sheffield Doc Festival 14 June 2012
  • 2. Best Practice: Build Your Business Model “A business model is the story of how value is created, delivered, and captured.” -- Saul Kaplan, The Business Model Innovation Factory Best Practice | Transmedia
  • 3. Best Practice | Transmedia
  • 4. 5 Case Studies: Lakou Mizik 18 Days in Egypt | GroupStream The Iran Job America 2049 Who Is Dayani Cristal? Best Practice | Transmedia
  • 6. Lakou Mizik Content Production + Lakou Mizik music + Lakou Mizik webisodes + Lakou Mizik Sessions Distribution platforms + Album + Concert film shot in a classic Haitian outdoor “Lakou” + Website: music discovery and marketplace for musicians + Short-form interactive documentary films on featured musicians + LM “episodes” (downloadable song, short film+music video) + Media for television and film festivals + LM Collective music tour both in Haiti and internationally + Dedicated YouTube channel + SoundCloud (download, streaming, remix) Best Practice | Transmedia
  • 7. Lakou Mizik Social Action + Tangibles ++Culture Regeneration ++Economic Development ++Community Vibrancy ++“Leave Behinds” +++ Direct paths to action +++ Lakou Mizik Marketplace +++ Lakou Mizik Studio +++ Education, Training, Networking + Intangibles: Awareness-Raising ++ "Positive awareness" + "empathy" ++ Shifting the narrative to a more positive picture of Haiti ++ Cohesive picture of systemic change ++ Musicians’ stories about issues in their communities Best Practice | Transmedia
  • 8. Lakou Mizik Audiences | Fans: + Haitians in-country + Haitian Diaspora + Fans of World music + Fans of Caribbean music + Arts/activism + People who helped post- earthquake and who need to reengage Best Practice | Transmedia
  • 11. Lakou Mizik Financing: + Corporate Sponsorship *** + Audience Funding / Crowdsourced Funding + Philanthropic Funding + “Film Philanthropies” + Foundations Supporting Aid/Development in Haiti + Impact investment funds: LM Fund + Income Revenue model Best Practice | Transmedia
  • 12. Best Practice | Transmedia
  • 13. Successes: + Content: ++ The platform is up, active, alive ++ People know about it: It’s fulfilling a need ++ Filled with 1000 stories ++ Starting to get interest from established partners + Technology: ++ Forward movement is to become a service provider on group storytelling + Lesson Learned: ++ Can become commercially viable off the back end Best Practice | Transmedia
  • 14. Challenges: + Content: ++ Funding: $120,000 ($100K from TFI, 20K from Kickstarter) + Technology: ++ Even harder raising funds from VCs if you’re “successful” on other sources-- they want to be the first ones in + Lesson learned: ++ “Who are you?” +++ Combined a technology company/documentary company, but didn’t distinguish the two enough +++ Combined management +++ Combined philanthropic funding with VC asks Best Practice | Transmedia
  • 15. “Kickstarter is not for everyone.” -- Sara Nodjoumi. Best Practice | Transmedia
  • 16. The Iran Job Successes: + Funding: Doubled their Kickstarter ask 4 days before the deadline + Audience: Had a built-in, existing audience Best Practice | Transmedia
  • 17. The Iran Job Mixed blessings: + The film will most likely be self-distributed + Have pursued traditional avenues for distribution, but it’s too slow. + Audiences respond well, so they’re not going to wait. + Need USD $100,000 to put it into 10 cities. + They are going back to their grantors: ++ None of the “traditional” funders ++ Personal contacts, Iranian-American orgs Best Practice | Transmedia
  • 18. The Iran Job Challenges: + Management: ++ 2-3 people working full time for 3-4 weeks before launching the Kickstarter campaign ++ Spent a lot of time on the rewards ++ Every detail was studied, but delivery deadlines were pushed back + Catch 22: ++ The money gets spent. ++ And people think you’ve already got the money + How to keep momentum after the Kickstarter campaign Best Practice | Transmedia
  • 19. The Iran Job Lesson learned: + Your rewards are your donor engagement, your marketing tools (even in pre-production). Best Practice | Transmedia
  • 20. AMERICA 2049 Best Practice | Transmedia
  • 21. AMERICA 2049 Successes / Impact: + Over 20,000 throughout the world played through the 12 week run + 110,200 unique Facebook interactions. 5,200 twitter followers + 86% of players indicated at least some willingness to become active on an issue they encountered in the game + 56% reported they had spent time reconsidering their views on the issues raised in real life + Generated mainstream press coverage from 120 outlets
  • 22. AMERICA 2049 Lessons Learned: + Balancing Engagement with Message to Increase Impact + Moving Players from Clicktavism to Activism + Transitioning from Expected to Novel Application of Platform + Exploring New Distribution Models & Unlikely Partnerships + Accounting for volunteer hours + ROI: Project management to Scale to Impact
  • 23. Who Is Dayani Cristal? Best Practice | Transmedia
  • 24. Who Is Dayani Cristal? Best Practice | Transmedia
  • 25. Who Is Dayani Cristal? Inside Comayagua Prison, Honduras
  • 26. Who Is Dayani Cristal? Successes: + Funding: Film has strong funding and investment + High aesthetic quality and innovative narrative form + “Flipped the Model”: Strategic Planning: ++ Social action and cross-platform strategy developed alongside film development and production ++ Audience engagement planning developed alongside film development and production Best Practice | Transmedia
  • 27. Who Is Dayani Cristal? Challenges: + Need to flip the model of funding: ++ Social action, cross-platform, audience engagement need funding earlier in the process Best Practice | Transmedia
  • 28. Who Is Dayani Cristal? Lessons learned: + Strategic planning needs to be done earlier in the process + Impact planning and measurement are a specialized skill + Build strong, cross-sector teams Best Practice | Transmedia