Angel Studios Raises $11.5 Million to Expand Audience-Driven Entertainment
The studio's new initiative empowers viewers to greenlight projects, aiming to disrupt Hollywood's traditional gatekeeping.
- Angel Studios has raised $11.5 million in five days through its Regulation A+ initiative.
- The Angel Guild, with over 360,000 members, plays a crucial role in deciding which projects get produced.
- The studio's audience-driven model has led to successful releases like 'Sound of Freedom' and 'His Only Son'.
- Angel Studios aims to grow the Guild to one million members, enhancing its influence in the entertainment industry.
- Upcoming projects include biopic 'Bonhoeffer' and post-apocalyptic drama 'Homestead'.