= " a revolutionary new business model called a “Platform Cooperative” where the USERS who generate the real value of the platform through its utilization own the majority of the platform ... Think of an Etsy majority owned by its designers".
"Member’s Media Ltd. Cooperative is a game-changing organization composed of mentors, storytellers, collaborative talent, audience, and platform builders who've banded together to create a new future for independent narrative content — one that properly values these important works, and whose community is majority-owned by, and for the benefit of, those it serves.
It is more than a solution for the market problems facing independent narrative creators and fans. It is a revolutionary new business model called a “Platform Cooperative” where the USERS who generate the real value of the platform through its utilization own the majority of the platform in partnership with the Builders and Investors needed to launch and maintain the platform. Think of an Etsy majority owned by its designers, Uber by its drivers, and in the case of Member’s Media a kind of Netflix owned by the entire independent film community including the AUDIENCE!" (http://www.membersmedia.net/about)
Key Organization Tenets
- Respect for User Data:
Privacy invasion, mining user data, and forced advertising will never be our “policy” as we have committed on the first page of our bylaws: “Whereas, the Cooperative hereby adopts and commits to founding intention that advertising shall never be or become a primary source of revenue for the Cooperative; that member information is not to be shared to third parties for purpose of advertising, and the guidelines regarding the nature, sources, and presentation of advertising messaging be readily available to members and subject to periodic Board review and membership input;
- Inclusive Community:
Our commitment to a respectful, diverse and open community platform is spelled out in our adoption of the International Cooperative Alliance Principals including number 1; “Voluntary and Open Membership: Cooperatives are voluntary organizations, open to all people able to use its services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.” Balanced Ownership: As a cooperative we are majority-owned by our Patron Members (Mentor, Creator, Collaborator, Supporter). As an early stage technology platform cooperative, we are also supported by Investor and Builder members and employ both direct democratic and representation governance models.
- Economic Participation:
Member’s Media is powered by contributions of time, energy, passion, and capital from our member-owners. Because of this we are not beholden to any interests but our member-owners. Today we are small and offer services in proportion; however Member’s Media was designed to scale, as there is strength in numbers. With each and every member, our ability to support independent narrative grows. If you choose to join us and become a member-owner, we look forward to facing both the challenges and rewards of this never before attempted endeavor together." (http://www.membersmedia.net/about)