Kinooga is a user finance engine dedicated to delivering efficiency, competition and entertainment to the financing of films and television.
Kinooga works by 'making a market' in pre-existing films and television.
To raise production money;
- Producers Pre-Sell,or 'offer' future downloads.
- Pre-Buyers reserve the right to buy these future downloads.
When 100% of all available future downloads needed to be PreSold to finance a project have been reserved, PreBuyers are group-debited and the money is made available to the producer.
To sweeten the deal offered to PreBuyers, producers (PreSellers) may offer 'coupons' that are divided equally amongst the number of PreBuyers required to fund a film or television show.
These coupons may be cash payments from distributors who buyout projects from Kinooga. They may also take the form of royalties being paid to PreBuyers based on future sales.
Any detail of any project seeking funds may be changed by the producer at any time before group-debiting occurs, including the budget, and coupon offer.
Conversely, any PreBuy reserved may be 'returned' or cancelled before group-debiting is complete without any financial penalty.