Stan Carter
Lake Charles, LA (USA)
Role(s):
Founder/Owner/Principal
Globa Moba, Inc.
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Startup
Location:
Lake Charles
Industry:
Entertainment
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"C" Corporation
Description:
Digital media startup extending feature film distribution business model by releasing feature films and animated features direct to digital devices and platforms, providing access to the new releases anytime, anywhere, on any device including iPads and other tablets, mobile phones, digital televisions and other connected devices, creating a platform for the pool of independent films with a festival or social media following but no major studio distribution.
Market opportunity and value proposition includes access to global audiences based on global broadband and mobile footprint, reduced advertising and distribution costs from typical P&A costs, broader market for festival winners and contenders that are not purchased at Sundance and other festivals; multiple revenue streams including ticket sales for premium events as well as an innovative approach to high-quality ad-supported free content; substantial Louisiana digital media and film production tax credits of 25% and 30%, respectively, to offset and enhance costs related to production of new films for direct-to-digital distribution.
Acquisition, operations, new-production and legal support team are already identified. Seeking startup funding of $5 million: $2 million to design technology package, establish online web hub, develop migration technologies enabling seamless access of movies on any device and establish ad-revenue model; $3 million for initial advertising campaign to promote the first slate of feature films available on the site and accessible on any device. Filmmakers paid through revenue share of advertising or online ticket sales. Movies will be promoted with the same promo production value as any box office release, but audiences will be directed to our web hub, mobile site, or app