Angel Studios Raises More Than $11 Million In New Efforts To ‘Revolutionize Entertainment’
Angel Studios said it has raised more than $11 million in just the first 5 days following the launch of a new fundraising campaign to “revolutionize entertainment.” In a press release from the studio — that brought such hits as the faith-centered movies “Sound of Freedom” and “Cabrini” — it said that a new investment ...
Angel Studios said it has raised more than $11 million in just the first 5 days following the launch of a new fundraising campaign to “revolutionize entertainment.”
In a press release from the studio — that brought such hits as the faith-centered movies “Sound of Freedom” and “Cabrini” — it said that a new investment campaign called Regulation A+ (Reg A+) offering, has been a very successful way for the company to expand its Angel Guild, the community that drives the investment in projects to “distribute films and tv shows.”
“In Hollywood, a handful of elites in an LA boardroom decide what the world watches. At Angel Studios, we believe viewers know best,” Jeffrey Harmon, co-founder and Chief Content Officer at Angel Studios, said.
“That’s why we can’t even consider a film unless the Angel Guild first greenlights it,” he added. “With over 360,000 members from 150+ countries, the Guild is already in the driver’s seat.”
“Through this offering, we hope to grow the Guild to over one million members,” Harmon continued. “We believe that reaching that milestone will make Angel Studios a true movement, a driving force in the entertainment landscape.”
Angel Studios, Distributor of ‘Sound of Freedom,’ Raises Over $10 Million for Crowdfunded Film and TV Projects https://t.co/9BvCfPSpf4
— Variety (@Variety) September 4, 2024
Some of the successes the Angel Guild is responsible for include the launch of films like “THE SHIFT,” and “AFTER DEATH,” and TV series such as Tuttle Twins, Wingfeather Saga, Freelancers, and Young David, the press release noted.
Not to mention projects the studio said it’s working on for release later this year like the apocalyptic film/TV “HOMESTEAD,” along with “at least seven movies and seven TV series planned for 2025,” the release noted.
Earlier this year, The DailyWire+ and Angel Studios announced a partnership to release Peacetree Productions’ inspirational film “Sound of Hope: The Story of Possum Trot.”
“We are thrilled to partner with Angel Studios, a company that not only shares our commitment to creating impactful and meaningful entertainment but also excels in doing so,” Jeremy Boreing, co-founder and co-CEO of The Daily Wire, said.
“Speaking as the father of an adopted daughter myself, ‘Sound of Hope’ is truly inspirational,” he added. “We know it will resonate deeply with our audience – and far beyond – and has the power to make a true cultural impact for kids and families in crisis. We want millions to see this film.”
In 2023, Angel Studios was one of the top 10 studios at the US domestic box office, surpassing Amazon’s MGM and A24, with its audience-driven model, the release noted.
More information about becoming a member of the Angel Guild can be found here.
Originally Published at Daily Wire, World Net Daily, or The Blaze
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