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SBD Global/July 25, 2014/Media

Crowdlending Helps Finance Int'l Distribution Of Dirk Nowitzki Documentary

Source: BROADVIEW TV GMBH
Crowdlending website Zencap collected the missing €100,000 ($135,000) "for the int'l distribution of a documentary film about NBA Dallas Mavericks player Dirk Nowitzki," according to Julia Wadhawan of the HANDELSBLATT. The money "will be used by production company Broadview TV to finance the int'l distribution of the film." The documentary called Nowitzki - Der perfekte Wurf (Nowitzki - The perfect shot) "will open in German movie theaters on Sept. 18." The documentary "will tell the story of Nowitzki, from his beginnings at gyms in the German countryside to the arenas of the NBA." In comparison to crowdfunding a project, crowdlending "means supporters of a project will become actual investors." In this case, Broadview TV "will repay the credit it received from each investor, including interest rate, on a monthly basis" (HANDELSBLATT, 7/24).
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