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Thrive News Co. > Blog > Media > Angel Studios Nears $8 Million Goal in Regulation A Offering, Disrupting Traditional Hollywood Models
Media

Angel Studios Nears $8 Million Goal in Regulation A Offering, Disrupting Traditional Hollywood Models

thrive.news.foundation
Last updated: September 2, 2024 5:47 am
By thrive.news.foundation 4 Min Read
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Angel Studios’ Regulation A Offering Nears $8 Million Goal as Investors Rally Behind a New Model of Audience-Driven Content Creation


Angel Studios, Inc., a film and television distribution company, is making significant strides in its effort to upend Hollywood’s traditional gatekeeper model with a just-launched Regulation A investment campaign. As of Sunday night, the campaign has raised $7,352,463 in just 2 days, edging closer to its $8 million goal, with contributions from 6,162 investors.

Contents
Angel Studios’ Regulation A Offering Nears $8 Million Goal as Investors Rally Behind a New Model of Audience-Driven Content CreationChallenging the Hollywood Gatekeeper ModelAngel Studios Investment Details

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This is something that is bigger than us, we know that at this point,” said Justin Harmon, co-founder and President on Saturday during a Q & A video on social media. “God’s made it so abundantly clear throughout our history that this is not just us,” continued Harmon.

Founded in 2013 by the Harmon brothers—Neal, Daniel, Jeffrey, and Jordan—along with their cousin Benton Crane, Angel Studios was established with the aim of creating a library of content that “amplifies light.” The company defines “light” as values that are true, honest, noble, and excellent, reflecting their commitment to offering entertainment that resonates with families and viewers seeking uplifting stories.

Challenging the Hollywood Gatekeeper Model


Angel Studios operates differently from traditional Hollywood studios, where a few executives typically decide which stories get made and distributed. Instead, the company has empowered its audience through the Angel Guild—a community of viewers who watch, support, and vote on which films and TV shows should be produced. This democratized approach to content creation has proven effective, driving significant engagement and growth.

The numbers behind Angel Studios’ success are notable:

    • 345,000 Angel Guild members from over 150 countries with growth plans for 1,000,000 members this next year.

    • 45 million app downloads across multiple devices

    • $300 million in global box office revenue

    • 1 million monthly active users

    • 5 billion views of Angel Studios content

Since launching paid marketing for the Angel Guild in October of last year, membership has surged, with over 345,000 people joining. The growth comes as the massively popular, The Chosen, series decided to end its relationship with Angel Studios.

Sadly The Chosen terminated its agreement with Angel Studios, shared Neal Harmon, co-founder and CEO of Angel Studios. “We wish The Chosen, Come and See Foundation, and Lionsgate the very best. We love the show. It was a critical part of Angel’s history and we were grateful to be a part of it.”

Angel Studios Investment Details


For those interested in becoming a part owner of one of the fastest growing studios, the minimum investment is set at $151.20. The campaign is nearing its goal, with the total raised standing at $7,352,463 out of the $8 million target. Investors can track the funding progress and learn more about the opportunity at Angel.com/invest.

It’s important to note that investing in this offering carries high risks, and Angel Studios does not guarantee the performance of the investment. Potential investors are urged to thoroughly review and understand the terms of the offering, including the risk factors, before making any commitments.

As Angel Studios continues to challenge the conventional Hollywood model, this investment opportunity represents a chance to support a company that is reshaping the entertainment landscape, with a focus on delivering content that resonates with values-driven audiences around the world.

Check back at THRIVE! News for more faith-related entertainment news.

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