Babelgum Actually — gasps — Pays for Users to Create Videos

Babelgum Actually — gasps — Pays for Users to Create Videos
By PATRICK J. SAUER

So far as I know, Babelgum is the only company paying Web-video creators money up front,” says chief revenue officer Douglas Dicconson. And not for low-brow stuff, but ambitious professional works such as British documentarian Daniel Edelstyn’s Vodka Empire, the unlikely 25-part saga of his discovery that he’s heir to a Ukrainian vodka factory, and his attempt to bring Zorokovich 1917 to the modern spirits world. […]

Dicconson says that he closed more revenue in the first quarter of 2010 than in the past three years combined. And momentum continued this past spring as Babelgum’s traffic spiked to 5.7 million visitors a month, when Vamped Out and Vodka Empire first aired. Na zdorovye!

3 to Watch

Dirty Oil
Babelgum’s first fully financed feature film, helmed by Academy Award-nominee Leslie Iwerks, will get its U.S. debut as an episodic series. Dirty Oil examines the economic and ecological impact of the oil sands in Alberta.

Vamped Out
When we last saw our vampiric out-of-work-actor hero Alowisus Hewson (Jason Antoon) in season one, he was sucking a young Hollywood starlet’s blood while formerly skeptical documentary filmmaker Elliot Finke (series writer and director Kevin Pollak) wigged out. Will the 172-year-old thespian find work in a Twilight world?

Bomb It 2
Babelgum produced the original street art/graffiti documentary, and the sequel will profile artists from locations such as Singapore (third offense is a caning!) and the Middle East. “In Israel, there’s a blossoming street-art culture with percolations of ideas,” says director Jon Reiss, “but in the Palestinian refugee camps, everything is political.”

Read more here or on the September issue of Fast Company magazine.

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