New CMF study evaluates potential of crowdfunding in Canada

VANCOUVER - The Canada Media Fund (CMF) and Nordicity have partnered on a new study examining the feasibility and demand for crowdfunding among Canadian creative content creators, especially independent producers. Defined as the raising of funds through the collection of small contributions from the general public (known as the crowd) using the Internet and social media, crowdfunding has experienced a recent boom in Europe and North America. The CMF said that it commissioned Crowdfunding in a Canadian Context: Exploring the Potential of Crowdfunding in the Creative Content Industries to provide both a meta-perspective on the global phenomenon of crowdfunding as related to...