The next Hollywood film you see might be financed with cryptocurrencies. Christopher Woodrow, who has helped produce or finance movies for the past decade, says the distributed-ledger technology known as blockchain is about to disrupt the film industry and he wants to be a part of it. The producer the Oscar-winning film Birdman, as well as Black Mass and Hacksaw Ridge, plans to launch his own blockchain-based token called MovieCoin in the first quarter of 2018. Funds raised in the sale, or initial coin offering, will go toward financing a portfolio of movies. Investors will ...
Birdman producer plans to fund next hit with cryptocurrency
'We're trying to revolutionise the way films are financed'
Camila Russo | Bloomberg Last Updated at November 19, 2017 02:08 IST