Just got off a skype with my producer bff who is kicking ass in London where we pondered the question - why is it so hard for profitable art to get funding? Is it lack of market aggregation? Information flows? Legal barriers against instruments that would minimise volatility?
Hmm. I keep cycling back to - why has nobody created a managed arts investment fund where people can park their money and an arts fund manager cycles it out to production companies/producers?
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It’s not a bad idea. Just that there have been better investment opportunities for a long time. Without looking at returns and spread numbers, I’d guess that they are net low (flops cost money too) and high management load. I’d guess broadway plays would be a good set to study.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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