Kickstarted Film Wins Oscar for Best Documentary (Short Subject)

KickstarterFor the first time ever, a Kickstarter-funded film has won an Oscar. How’s that for the power of the Internet and crowdfunding? Inocente — the story of a 15-year old girl from California who refuses to give up her dream of being an artist — brought home a gold statue on Sunday night for Best Documentary (Short Subject). With the help of 294 backers, the film raised $52,527 on its Kickstarter page from June to July in 2012. “It really helped galvanize a community,” Inocente co-director Seth Fine told Mashable backstage at the Oscars. “It helped fund a bunch of the film and kept us going through post-production. It’s a great outlet for films especially for documentaries.” Hollywood is known for its high-budget films, but Inocente wasn’t the only Oscar-nominated film this year that was funded in part by the crowdfunding platform.

Read the full story at Mashable.

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Shelly Palmer

Shelly Palmer is Managing Director, Digital Media Group at Landmark Ventures/ShellyPalmer a technology focused Investment Banking & Advisory practice specializing in M&A, Financings, Strategic Partnerships and Innovation Access. He is Fox 5 New York's On-air Tech Expert and well known for his work on Fox Television's Shelly Palmer Digital Living as well as his daily radio report on United Stations Radio Networks. For more information, visit shellypalmer.com.

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