Angel Studios Raises $10 Million for New Projects
Angel Studios Raises $10 Million for New Projects
Angel Studios Raises $10 Million for New Projects
News summary

Angel Studios has successfully raised over $10 million within five days through its Regulation A+ offering, aimed at expanding its Angel Guild, a community of 360,000 members who participate in greenlighting projects. Co-founder Jeffrey Harmon emphasized the studio's commitment to democratizing content creation, contrasting it with traditional Hollywood practices where decisions are made by a select few. The studio has previously achieved significant success with films like 'Sound of Freedom', which grossed $250 million globally, and plans to release new projects including a WWII biopic and a post-apocalyptic drama. The investment campaign, which allows contributions starting at $151.20, seeks to grow the Guild to over one million members, enhancing its influence in the entertainment landscape. Harmon noted a surge in membership and investment interest, signaling a desire to challenge Hollywood's gatekeeping system. Angel Studios also reported impressive engagement metrics, with its content available in multiple languages and the Angel App reaching 45 million downloads.

Story Coverage
Bias Distribution
67% Right
Information Sources
a5c5a26e-e0e5-40ba-ac17-43e79c1098fb1e6e2b88-9c20-4867-ad64-eb815424807f
Right 67%
Coverage Details
Total News Sources
3
Left
0
Center
0
Right
2
Unrated
1
Last Updated
13 days ago
Bias Distribution
67% Right
Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News