David Zitzerman quoted in "New Canadians on the block(chain)", Playback
Excerpt from "New Canadians on the block(chain)", Playback
David Zitzerman, partner and head of the Entertainment Law Group at Goodmans LLP, is also optimistic about the intersection of Canadian film and blockchain technology. “Suddenly it opens up new possibilities for financing, and tracking investments and performance,” he says.
In a perennially difficult financing climate for Canadian films, Zitzerman, who sits on BlockFilm’s advisory team, says he’s optimistic about the companies creating new avenues for filmmakers and producers to connect directly with investors via the internet and attract investment in a way that hasn’t been possible before. Only time will tell whether these new funding models will become commonplace in financing plans for Canadian films. But to many in the film industry, these new models represent an interesting new proposition for bringing Canadian stories to audiences at home and abroad.
“You can now go out to the world and say ‘I’m doing a film about the environment. How many of you are environmentalists and support green initiatives? Here’s your opportunity to invest in this film directly,’ ” says Zitzerman.
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