The online film industry is booming with video on demand traffic predicted to be the equivalent of 6 billion DVD’s per month by the year 2017. This will push online video into the mainstream with a colossal 69% of consumer internet traffic being video.
A driving force for this increase is the tablet computer. Ownership of which has more than doubled in the UK from 2012 to 2013 with 1-in-3 households now owning a tablet device.
A new Yorkshire based technology start-up wants to capitalise on this exciting media explosion by meshing social media with film. With the intention of allowing members to participate in every aspect of a films creation – from script to screen.
This exciting new business qualifies for the governments Seed Enterprise Investment Scheme (SEIS). That provides a variety of generous reliefs including tax relief of up to 50%, in addition to capital gains tax benefits. SEIS is designed to help early-stage companies to raise...