All of You Bored Rich Folks, What Would It Take for You to invest In Arts/Media/Entertainment/Cultural institutions?

Alamo Drafthouse
tijirijjy

Alamo Drafthouse

tijirijjy
Dec 7, 2020 20 Comments

As the title says, what would make it worth your while/interesting/sexy to enter this space?

If you follow media news at all, you can see from streaming services to movie theaters, it's all collapsing. The people currently with jobs in this sector are overworked, underpaid, and over it.

Netflix was able to disrupt bc it took a central conceit from the tech world— pay top dollar for top of market talent + performance, plus perks— and translate it to an industry that usually takes advantage of people until they claw their way to the top for a handful of positions that pay like kings.

Anyway, since so many of you are running around (if some Blind posts are to be believed), bored, filled with ennui, and pockets full of money, what would make an investment in the arts, even a pet project, attractive?

There are many many talented, hardworking people who would split from their current sitch for the actual real money people enjoy in other industries at their age/level of experience.

So— Bored, Rich Tech People of Blind, what can media/arts people do to create attractive opportunities for you? Or is it just, one must wait around for someone actually into arts and entertainment for new money to flow into the industry?

56 PARTICIPANTS SELECT ONLY ONE ANSWER
VOTE VIEW RESULT

comments

Want to comment? LOG IN or SIGN UP
TOP 20 Comments
  • Roku
    crueIla

    Go to company page Roku

    crueIla
    Culture.
    Dec 7, 2020 8
    • Alamo Drafthouse
      tijirijjy

      Alamo Drafthouse

      tijirijjy
      OP
      I honestly don't believe that! You have some form of culture or entertainment I'm sure is important to you. You don't have to share, but if it brings you joy and you consume it, it both proves the market need, and established its value! Like what you like, life is too short to not have fun! I hope you have some uncultured brutish fun this week!
      Dec 7, 2020
    • Roku
      crueIla

      Go to company page Roku

      crueIla
      The way I see it, I’m not an uniquely uncultured swine in this circus. 😆
      Dec 7, 2020
  • Dell
    mfence

    Go to company page Dell

    mfence
    Good question!
    I've produced a bunch of performances but would be interested to hear from others
    I would agree that finding the right people to work with is a huge help, but also, having some idea of what you desperately want to see that no one is currently doing
    Dec 7, 2020 4
    • Alamo Drafthouse
      tijirijjy

      Alamo Drafthouse

      tijirijjy
      OP
      You've hit it on the nose! Curious, how you got tangled up with them? Or are you a secret artist that just happens to work at Dell?
      Dec 7, 2020
    • Dell
      mfence

      Go to company page Dell

      mfence
      I'm not an artist but I can spot talent/potential and figure out what they need to make a show that's 4x better so I'm happy to throw some cash at it and get to see a show thats 4x better
      Dec 7, 2020
  • Apple
    xaLl86

    Go to company page Apple

    xaLl86
    Atheist here. I invest in movie/theater productions that aren't run by left-wing racists. This narrows the field considerably.
    Dec 12, 2020 2
    • Alamo Drafthouse
      tijirijjy

      Alamo Drafthouse

      tijirijjy
      OP
      So more like issue driven, Christian cinema circuit?
      Dec 21, 2020
    • Apple
      xaLl86

      Go to company page Apple

      xaLl86
      Nah I’m an atheist. Whatever reinforces my culture I will fund.
      Dec 21, 2020
  • Intel
    Benzy

    Go to company page Intel

    Benzy
    As far as philanthropic investments, it seems this generation of wealthy companies and folks are just not all that interested in the arts. I worked quite a bit on film festivals the last 20 years and there used to be quite a few corporate and individual donors around that would throw money at arts non-profits. These days it's like getting blood from a stone unless it's a really high profile organization. The recent demise of physical events made the situation even worse. For actual investment ops where there may be an ROI, there are investors around, just look at the money Quibi burned through before it went belly up. Whitman at the helm was a huge red flag to start but investors poured almost $2B into it anyway...
    Dec 10, 2020 1
    • Alamo Drafthouse
      tijirijjy

      Alamo Drafthouse

      tijirijjy
      OP
      My background is also within film festivals, and agree with you, there was a golden era of corporate sponsorship/investment that has dried up (doubly so bc of pandemic.). I think events will return Q2/Q3 2021, I'm curious of how we will bridge the gap back to making people interested in the arts, (if at all). I think, as always, beer, wine, and liquor co's will be the major financial partners in anything live before folks in other industries become interested in any of it again.
      Dec 10, 2020
  • New
    MrPower

    New

    MrPower
    Let me say that I see that Art and Creatives in general are going to see a great resurgence when Covid and restricted living leave us and we return back to a place of enjoying outside life. Simple supply and demand will usher in a era of increased interest in going to events.

    There will be many casualties in this effort of both dying and unfortunate entities, as well as up and coming efforts that just wont have what it takes.

    Performance will improve and thrive for a time in the near future.

    The problem that has plague us for decades is the talent and nurturing pools of artists and creatives in general.

    Our daily streams are filled with so many fad captures and individuals with immense natural talent. What has declined greatly are the sheer number of artists who work hard at their craft, at marketing themselves, and the industry in general where you could boot strap your way into moderate success.

    Replacing kids afternoon lessons on the piano with hustling for clicks is something that I point to as a reason why we have more reboots that original ideas.

    This is my opinion and I use very broad or sometimes naive strokes. My point is hardwork and structure are in decline. Investments in the young and the dedicated would help greatly in creating a better product.

    What would it take? If I build a school...you send your kid and make them work hard.

    If I produce a show, you go and see it instead of staying at home and watching the Bachelor.

    Let's start there. Stop watching the Bachelor.
    Feb 22, 2021 0