As Secret Cinema Launches Crowdfunding Initiative, Is Its Business Model Working?

  • 📰 Variety
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

For 14 years, U.K.-based immersive events company Secret Cinema has enabled fans to become part of their favorite movies by exhibiting classic films amid elaborate sets, actors and costumes. Now th…

has enabled fans to become part of their favorite movies by exhibiting classic films amid elaborate sets, actors and costumes. Now the company is letting fans become part of Secret Cinema itself by launching a crowdfunding initiative.

“For the last 15 months, we have funded the business on a combination of shareholder equity — our shareholders have been unbelievably generous with us — and a bit of government funding from the Arts Council grant that we’re incredibly grateful for,” says the executive. “We’ve probably spent £5 million basically keeping our team together over the last 15 or 16 months.”

“All our shows are profitable, at the show level,” Alexander says. “The reason we make losses is we’ve invested a lot in a team that’s able to build shows and new products that take you to other markets.” He says a conservative projection is that the business will break even between 2022 and 2023. Alexander is particularly optimistic because his projections don’t factor in many of the events he hopes will bring in new audiences. Secret Cinema put on its first North American event in Los Angeles last year, providing creative direction on. The show resulted in a number of “mega” musical artists reaching out to him, he says, and the company is also working on an as-yet unannounced video game-themed event, which they plan to hold at the end of the year in LA.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 108. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Demographics And Remote Work: Intertwined Challenges For BusinessWorkers and managers will face twin challenges in the coming years: adjusting to what we’ve learned about remote work, and the demographic change to low growth of the working age population. The interaction of the two challenges will require managers to test their assumptions, adapt, and re-test.
출처: Forbes - 🏆 394. / 53 더 많은 것을 읽으십시오 »