Friday, January 18, 2008

Striking Writers to Launch Online Video Company

Out of work and newly wise to the state of content being distributed online, a group of professional writers is looking to start their own production and distribution company. Aaron Mendelsohn, writer of the Disney film Air Bud and an active WGA member, is captaining the efforts, and says he has gotten a group of “A-list” film and TV writers on the team. He’s also partnering with online community experts from Silicon Valley and raising “north of $30 million” in venture capital, with the idea of launching a company called Virtual Artists later this year. Mendelsohn has his elevator pitch down cold: “We are a coalition of top film and television writers and top tech innovators who are dedicated to creating and delivering professionally made content directly to the end user, and who believe in the model of freedom and inclusiveness over the model of control that has been employed by the big media conglomerates for the past 100 years.” Virtual Artists will offer professional writers deals to develop and produce films, TV shows and shorts for a reduced fee but a larger ownership stake. It will also look to acquire content. Mendelsohn said he was primarily targeting the 12,000 members of the WGA.
http://newteevee.com/2008/01/11/striking-writers-to-launch-online-video-co-seeking-30m/

No comments: