Vimeo has set aside $10 million to help independent filmmakers fund and promote their works on its platform.
The cash will support a range of programs, including expansions of the previously announced crowdfunding promotion, its film festival promotions and grants to projects “suited to Vimeo’s unique audience.”
“The direct-distribution movement gains momentum every day, and we are fully committed to empowering creators with a vibrant alternative to the ad-dominated online video ecosystem for monetizing content,” Vimeo CEO Kerry Trainor said in announcing the program.
Under Vimeo’s crowdfunding program, projects that have successfully raised at least $10,000 through Kickstarter, Indiegogo and other crowdfunding sites are eligible for promotional support in exchange for an exclusive window on Vimeo On Demand.
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Vimeo Pledges $10 Million to Fund Indie Film Projects
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