Independent Production Fund Expands to Digital Platforms
Montreal – The Board of Directors of the Independent Production Fund (IPF) has approved a new pilot program to fund drama series created for any platform. In recognition of the evolving broadcast environment, the IPF will provide equity financing not only to drama series with a television broadcast license, but also to scripted drama series that are designed and produced for exploitation on the web.
As the sources of financing for web video without a broadcast license are very limited, the IPF support is intended to stimulate the growth of new forms of content. This unique contribution to independent producers will help them to explore the potential for high quality, story driven drama with new and innovative narrative forms. As a leading supporter of Canadian drama, the IPF will experiment in partnership with web content developers to determine how good storytelling translates to other platforms. “It will be an exciting learning process for all of us”, stated Charles Ohayon, Chair of the Board of the IPF. “We will help develop best practises to take advantage of the opportunities that the digital platforms provide for new production styles, processes, formats and business models”.
Joining the IPF in this pilot venture is Film Nova Scotia which will provide additional funding targeted for Nova Scotia based creators and producers of web drama. “Film Nova Scotia is excited to partner with the Independent Production Fund on this program to help Producers explore storytelling through new digital platforms”, noted Ann Mackenzie, President and CEO.
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