A new partnership between Alamo Drafthouse, the independent theater chain and distribution company, and Legion M, the world’s first fan-owned entertainment company, could help pave a new way for independent films to get financed and developed. The two companies announced yesterday that they had formed a strategic partnership to develop and distribute genre content, including feature films, shorts and virtual reality. On May 16th, Legion M launched a public equity crowdfunding campaign under new rules adopted by the Securities and Exchange Commission under the the 2012 JOBS Act. Since it launched the campaign last week, the company has raised $400,000 from accredited investors and […]
by Paula Bernstein on May 27, 2016On April 5, President Obama signed the Jumpstart Our Business Startups Act, known as the JOBS Act. The Act establishes a number of registration exceptions from traditional securities laws to facilitate a wider adoption of micro-financing practices, including crowdfunding. This is the phenomenon by which a relatively large pool of small investors can use the Internet to make an equity investment in a company. Filmmaker has covered this important development. Scott Macaulay presented a helpful introductory overview to the Act and discussed some of its likely consequences for indie makes. Matthew Savare, an attorney, and Richard Jaycobs provided a more […]
by David Rosen on May 21, 2012How the JOBS Act will transform independent film financing. By Matthew Savare, Esq. and Richard Jaycobs
by Matthew Savare, Esq & Richard Jaycobs on Apr 17, 2012