Magazine article Screen International

Sleeping Room Using Equity Crowdfunding

Magazine article Screen International

Sleeping Room Using Equity Crowdfunding

Article excerpt

EXCLUSIVE: Movie Mogul's supernatural thriller to become the first UK film to use fundraising method provides backers with an actual return on their investment.

UK production company Movie Mogul have announced that their new project The Sleeping Room will use equity crowdfunding.

Written by Ross Jameson, The Sleeping Room is set in present day Brighton, and centres on a call girl who falls for a client who reveals himself to be more than first meets the eye.

The supernatural thriller is the first UK film to utilise equity crowdfunding, which will see backers receive a share of equity in the production. Movie Mogul will use Seedrs.com in a bid to raise £25,000 towards post-production.

Director John Shackleton said: "It's very exciting to be at the forefront of this new wave of fundraising for films, and it's great to be able to offer actual equity to our supporters. …

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