We sit down with entertainment lawyer Gordon Firemark and machinima film maker Peter Blood Desperate Measures Part 1 "Sacrifice" http://www.youtube.com/watch?v=hmt4yBlas18. Host: KinteCo-host: RammZee, Graycon Sonata & Chris TeoxisGuests: Gordon Firemark & Peter BloodEngineer: themonkShow: Gordon Firemark & Peter Blood (7x03) 6/20/13Crowdfunding (alternately crowd financing, equity crowdfunding, crowd-sourced fundraising) explains the collective effort of individuals who network and pool their money, usually via the Internet, to support efforts initiated by other people or organizations.[1][2] Crowdfunding is used in support of a wide variety of activities, including disaster relief, citizen journalism, support of artists by fans, political campaigns, startup company funding,[3] motion picture promotion,[4] free software development, inventions development, scientific research,[5] and civic projects.[6]Crowdfunding can also refer to the funding of a company by selling small amounts of equity to many investors. This form of crowdfunding has recently received attention from policymakers in the United States with direct mention in the JOBS Act; legislation that allows for a wider pool of small investors with fewer restrictions.[2] While the JOBS Act awaits implementation, hybrid models, such as Mosaic Inc., are using existing securities laws to enable the public in approved states to invest directly in clean energy projects as part of a crowd.Crowdfunding has its origins in the concept of crowdsourcing, which is the broader concept of an individual reaching a goal by receiving and leveraging small contributions from many parties. Crowdfunding is the application of this concept to the collection of funds through small contributions from many parties in order to finance a particular project or venture.[7]Crowdfunding models involve a variety of participants.[8] They include the people or organizations that propose the ideas and/or projects to be funded, and the crowd of people who support the proposals. Crowdfunding is then supported by an organization (the "platform") which brings together the project initiator and the crowd.#134 Crowdsource Funding (7x03) 6/20/13Gordon Firemark bio http://firemark.com/Gordon Firemark is an attorney whose practice is devoted to the representation of artists, writers, producers and directors in the fields of theater, film, television and music. He is also the producer and host of Entertainment Law Update., a podcast for artists and professionals in the entertainment industries. His practice also covers intellectual property, cyberspace, new media and business/corporate matters for clients in the entertainment industry. He is the author of The Podcast, Blog and New Media Producer’s Legal Survival Guide.Mr. Firemark is President of the Board of Directors of The Academy for New Musical Theater. In the past he has served on the Boards of Governors of The Los Angeles Stage Alliance, (the organization responsible for the annual Ovation Awards for excellence in Theater) and the Beverly Hills Bar Association, where he served as liaison to the Association’s Entertainment Law Section (of which he is a former chairman).Mr. Firemark holds a B.A. in Radio, Television and Film from the University of Oregon, and earned his law degree at Southwestern University School of Law. Before opening The Law Offices of Gordon P. Firemark, Mr. Firemark was a partner with the Business Affairs Group, a boutique entertainment law firm in Los Angeles. He has also worked in the legal and business affairs departments at Hanna Barbera Productions and the MGM/UA Worldwide Television Group, and started his legal career as an associate at Neville L. Johnson & Associates, a West L.A. firm specializing in entertainment litigation.Gordon is an alumnus of the Commercial Theatre Institute, and an accomplished producer of stage plays and musicals. He serves as CEO of Fierce Theatricals, which produces small cast musicals, cabaret shows and regional tours. He has been involved with the entertainment industry in one way or another since his youth as a sound, lighting, and special effects technician in the theater. Prior to becoming an attorney, he worked in the television industry, producing and directing live sports telecasts, public affairs programming commercial announcements, documentaries, and industrial videos.Mr. Firemark teaches Business Law at Loyola Marymount University and Theatre Law in the innovative Online Entertainment LLM program at Southwestern Law School. He has also offered courses in Theater Law at Cypress College, and Entrepreneurial Studies at California Institute of the Arts. Mr. Firemark has served as a moderator and featured panelist at seminars sponsored by the Beverly Hills Bar Association, California Lawyers for the Arts, Theater LA, and the Oregon Artist’s Rights Coalition. He has also been a guest lecturer at Southwestern University School of Law, Loyola Law School, California Western School of law, UC Irvine, and California State University, Northridge.