Digital

Vimeo launches $10m fund for emerging filmmakers

Vimeo has announced that it is celebrating the one-year anniversary of Vimeo on Demand with an additional US$10 million investment to support emerging filmmakers.
March 7, 2014

Vimeo has announced that it is celebrating the one-year anniversary of Vimeo on Demand with an additional US$10 million investment to support emerging filmmakers.

The investment expands Vimeo’s $500,000 crowdfunding program, announced at the 2014 Sundance Festival, to select titles that have successfully raised $10,000 or more through a leading crowdfunding platform, in exchange for an exclusive window on Vimeo On Demand.

A portion of the $10 million will be used for its previously announced 2013 Toronto International Film Festival program, which offers guaranteed funding in exchange for an exclusive distribution window to any film that has premiered at one of the 20 leading global film festivals throughout 2014.

The money will also be used to accelerate Vimeo’s investment in individual titles and catalogs suited to its audience.

Vimeo has reported significant gains in recent months, with unique viewers at a record high of 168 million worldwide and 41 million in the U.S. for January according to comScore.

From Stream Daily

About The Author
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

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