It does seem like there should be an opportunity to fund promising content that costs more than $0 (YouTube has that covered) and less than hundreds of millions

It does seem like there should be an opportunity to fund promising content that costs more than $0 (YouTube has that covered) and less than hundreds of millions. Almost like a YC model. What happens if you find someone with a decent premise and give them a bit of money and loaner equipment to make a pilot? They could even make it into an “American Idol” style competition to get funding for more episodes/a full series.