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DOC Canada, Indiegogo strike fees partnership

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Real Screen | | May 22, 2014

Documentary organization of Canada 300x206 - DOC Canada, Indiegogo strike fees partnershipThe Documentary Organization of Canada (DOC) and crowdfunding website Indiegogo have partnered to offer Canadian documentary filmmakers a discount.

Under the partnership, documentary filmmakers who put their campaign on DOC’s partner page will save 25% on Indiegogo’s admin fees. For a campaign that reaches its fundraising goal, the admin fee is usually 4% – with the partnership, it will be 3%. For campaigns that do not meet their goal, Indiegogo charges a fee of 9%. Under the DOC partnership, that fee would be 6.75%. The fees are based on the fundraising goal of the campaign.

The announcement comes on the heels of a DOC-commissioned report released in May, analyzing the state of alternative funding in Canada.

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With inventory for documentaries declining on traditional TV channels, and funding often tied to broadcaster greenlights, doc-makers are facing an increasingly challenging financing landscape. And, as the report noted, alternative financing options are few and far between, making crowdfunding an increasingly popular financing tool.

Thirty-five per cent of Canadian documentary filmmakers surveyed used crowdfunding to support their projects, with an average Kickstarter campaign raising only about $10,000 to $20,000 for feature-length projects.

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