Chris Lindahl reports on IndieWire that Seed&Spark is getting out of the streaming game and sending its catalog over to IndieFlix.
“Seed&Spark announced Thursday (March 4, 2021) that it is ending its proprietary subscription streaming service later this month as it shifts its distribution focus to new impact-driven initiatives. Seed&Spark’s library will next be heading to IndieFlix….”
IndieFlix looks like a good home for those films:
“IndieFlix CEO Scilla Andreen said the additions to her service’s library are part of a mandate to grow the service’s library with meaningful content that can create conversations using the power of film. And with open submissions and a transparent royalty model, Andreen said IndieFlix will continue to help fill a need for filmmakers increasingly shut out of platforms like Amazon Prime Video Direct, which last month stopped accepting shorts and non-fiction submissions, cutting out a major digital revenue stream for filmmakers and distributors.”
IndieFlix promises:
- We stream worldwide.
- We’re non-exclusive.
- We pioneered a revenue sharing system called RPM or Revenue Per Minute which pays filmmakers for every minute their movie is watched.
My take: streaming is a crowded market so I’m happy Seed&Spark is concentrating on crowdfunding and classes. IndieFlix’s revenue sharing system sounds promising. Anyone care to share what your quarterly cut amounts to?