The Young Turks are bringing their viewers a high-profile documentary feature. The left-leaning news channel will distribute Spent: Looking For Change, a critical look inside the American banking system that is produced by Academy Award-winner Davis Guggenheim and sponsored by American Express.
Spent focuses on the financial institutions that use fees and interest to hamstring a reported 70 million Americans. It is the latest film produced by Guggenheim, who has previously helmed critically-acclaimed documentaries such as An Inconvenient Truth, It Might Get Loud, and Waiting For “Superman”. Here, he has teamed up with director Derek Doneen and American Express, which has hosted the film’s trailer on its YouTube channel.
Spent takes on a topic (the un-and-underbanked in America) that the Young Turks team frequently discusses, so it is likely to be a big hit with the channel’s audience of more than 1.5 million subscribers. The film will debut online on June 4th, when it will become available on The Young Turks’ YouTube and Hulu channels.
Online distributors have recently shown great interest in the documentary space. Vimeo recently added two documentaries to its On Demand library, while Netflix has announced its plan to release four new docs by the end of the year. This will be The Young Turks’ first foray into the field, and if its producer’s previous work is any indication, Spent will be worth checking out.