Jolt (2024)

Jolt
Jolt

Jolt, a company led by the same team that started Impact Partners a company that finances socially relevant documentaries and is among the busiest financiers in the American independent market was created with the goal of providing an electric shock to an independent film that has performed admirably in festivals but has failed to be distributed in the conventional manner.

In the past, no one wanted to stream and now in these past two years they have deserted the idea altogether, mentions Jim Swartz a founding partner at Jolt and Impact, also a co-investor at Facebook with Accel. No one vies to do anything that may rile even the slightest group, politically or any other way, thus the industry is on the verge of collapse, everyone is scrambling to look for answers and the answer is aid from the state that the people were wanting aid from. Without diving into the debate, we simply got tired of said debate and thought of creating and dynamic and filmmaker-driven platform, and hence we set out to do one.”

Compared to the other existing platforms, the managed platform does not cost anything to the filmmaker and by the looks of it, the platform aims at having around twenty to twenty five films. And when it does get fully developed, it will be a combination of documentary type of films and narrative based films. The final film Jolt, costs 12 dollars and with time the ticket costs will be regulated by the sales and Jolt’s filmmakers and management which has almost full dominion over ticketing will eventually be regulating the cost. All the data collected will be used after being invoiced by the requisite filmmaker particularly for the Jolt movie.

Swartz asserts that we were able to build a competent and sophisticated audience discovery large language model LLMAI model. For each film, and over one month, he continues, We go out into the world and seek to identify the top ten audiences for that film. The audience is built for every movie we undertake. This would prove helpful as we can target commercials on TikTok, Facebook, and Instagram to very specific audiences. We can swiftly build an audience for a specific movie.

Jolt, unlike some groups, does not use this place as a storage facility for cinematographic works doc us only stay on the site for 90 days. However, a significant portion of the marketing expenses is first covered and distributed to the filmmakers at a rate of 70% to 30% (handing them 70% of the profits). All profits earned by Jolt as a company are then used to concentrate on the development of the platform. The filmmakers do not lose ownership of the films and all the rights associated with them in the future.

Jolt has excitedly anticipated the release of the film The Bibi Files, which is about Netanyahu and his rise to fame, a documentary that is bound to attract audiences all over the world. It is fairly obvious who the intended audience of the movie is, or from the perspective of Jolt, what audience they are hoping for more of, as it would improve their chances of working with more honorable and well-respected film creators.

They have faith in us, they trust our hard work. They believe that all systems are broken, and they are better off going direct to consumers, even for a film that deserves a wider audience. She goes on to explain how the cinema industry can benefit from this technology as she said, Allowing filmmakers to reject offers that are less than desirable is crucial in this day and age. They are proving to people that going with something else could work for them.

As Swartz goes on to observe: If we can release one of these films every 6 months or every year, we will build a business that is in the business of making films that are not aimed at the mainstream market. We hope that one day we will be in a position where we can control the audience in making such films that will be commercially viable.

With the advancement of technology, modern world viewers have little use for the entertainment industry as they can cut out the middleman and directly give their funds to customers.

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