An independent movie producer with a modest but loyal fan base is short of funds for her next movie. Knowing that a bank loan is an unrealistic option, she is considering crowdfunding. But she is not very familiar with it or how to go about starting and conducting a crowdfunding campaign.Prepare a report for the producer explaining the different approaches to crowdfunding, including the equity funding approach. Alert the producer to any drawbacks that might make people less willing to contribute to funding her movie and positives that might make people more likely to fund her movie. Conclude your report with a recommendation of which crowdfunding approach you believe would be most effective for this independent movie producer.As part of your preparation for your report, view the above videos and read the article from the text (pp. 295-296):Is It Safe to Invest Through Crowd-funding?Follow the report format outlined below.Describe and define crowdfunding (sometimes shown as crowd funding). But sure to include the different approaches to crowdfunding, including equity funding.What are the advantages to the movie producer?What are the advantages and disadvantages to the potential funder? Include such concepts as asymmetric information and investment risk. (Here is an article – What is information asymmetry.pdf What is information asymmetry.pdf – Alternative Formats – that may enrich your understanding of the importance of asymmetric information concerns).Recommend one approach that would be most appropriate for this producer and remember to include the reasons why you selected it.Remember that citations go into the body of the report and the references go at the end of the report. Both are required.
