Business Summary: A one-click script market for new online video.
Hollywood is one click away from a radically new business model. Imagine this: writers post their scripts online while producers browse the offerings. When producers find a script that meets their criteria, they purchase a non-exclusive, pre-approved license to turn that script into video and post it online. This is our vision for video in 2009. It will all happen with Scripped.
Team & History: Diverse team from elite universities working well for over 16 months.
Scripped is managed by a team of graduate students and
alumni from Harvard, MIT, USC, and UCLA. Sunil Rajaraman, CEO, is now
completing his MBA at UCLA Anderson. Zak Freer, COO, holds an MFA in Motion
Picture Producing from the Peter Stark Program at the USC School of Cinema
& Television and recently won the “Best Horror Short” award at the
Hollywood DV Short Film Festival. Ryan Buckley, CFO, is in a joint MBA and MPP
program at MIT Sloan and the Harvard Kennedy School. Scripped is represented by
Pillsbury Winthrop Shaw Pittman LLP in California. The specifications for Scripped.com
began in October 2006 and production started in June 2007.
Revenue Model: Pay-to-post, pay-to-purchase and partnerships.
Scripped currently does not earn revenue but has designed a system to create cash flow that will be live in the coming months. We are not able to publish these details in a public forum. Currently, we allow free access to Scripped Writer, our online writing tool, to create the largest pool of screenwriting talent available.
Competition: Old technology and no new market potential.
Final Draft, produced by Final Draft, Inc., has been the most popular screenwriting box software for over 20 years. Movie Magic Screenwriter, produced by Write Brothers, is also popular with professionals. Celtx, a new player in this market, offers a free, downloadable software with modest internet distribution capabilities. ScriptBuddy and Plotbot are our only browser-based screenwriting competitors but both rely on old technology. ScriptShark, founded in 1998, is the only successful feature-length script market and was recently purchased by Baseline Systems. TriggerStreet is a free online peer-review service founded in 2000 by actor Kevin Spacey and receives fewer than 15,000 unique hits each month.