Sister site of Ourmedia.org, the “community of individuals dedicated to spreading grassroots creativity,” Bid4Vid.com is launching a new way for media creators to make money from their productions.
Instead of taking the same path as, say, Revver, the way creator’s will be able to cash in is through bidding on projects posted on the site and vying for the opportunity to work on the production.
And, for reassurance’s sake, the preregistration website says:
- Transact business in a trusted environment where you’ll be paid through escrow payment services.
- Guaranteed settlements (arbitration is in place if needed). No need to submit an invoice ever again.
So this hopes to alleviate the worry of whether, once you’ve completed the work, you’ll even get paid for it.
The idea is interesting, no doubt, and I certainly hope that there’s a market there for it.
It would remain to be seen, however, if there are enough people able to make professional level productions, under the pressure of time and somebody else’s money. It’s one thing to make a film on your own schedule, with your own money, and at your own standards of quality. It’s entirely another when there’s somebody out there with certain other expectations.
That’s not to say of course, that this is merely appealing to casual hobbyists. No doubt current professionals, or those aspiring to be, would be perfect for this as well.
But their media releases statement that, “currently, demand for short online video clips is exploding so Bid4Vid wants to hook video producers up to this flurry of activity. It puts you directly in the path of this financial and creative opportunity,” makes me concerned that this is a little too focused on short online clips, ones which are produced in great numbers every day, with no need for anyone to provide monetary compensation to the producers. They seem content with producing them for the fun of it.
In any case, it will be interesting to see this develop, and to see what sorts of productions come out of it.