Angel Studios launches new 'Angel Guild' investment offering
Diaana Babnicova (left) stars as Terri and Nika King is Donna Martin in Angel Studio’s “Sound of Hope,” the story of the East Texas town of
Possum Trot and its efforts to adopt children with special needs. Angel Studios has launched a new investment initiative offering fans a stake in
the company and a chance to vote on the productions the filmmaker undertakes.
Angel Studios in Provo is launching a new round of investing led by its fans. The producer of such hit releases as “Sound of Freedom,” “His Only Son,” “Cabrini,” “Tuttle Twins” and “Dry Bar Comedy,” Angel has a new offering, Regulation A+, that invites fans to make a minimum $151.20 investment in the company and in turn become a member of the “Angel Guild.”
Angel Studios said the Angel Guild is the “secret sauce” behind the success of its hit productions. Guild members are polled each time a new film or television show is proposed, and the project doesn’t proceed without a majority of guild members approving.
Angel Studios was one of the top 10 studios in the U.S. domestic box office market in 2023, bypassing Amazon’s MGM and A24, a New York City-based studio that specializes in outlandish stories.
“In the Hollywood gatekeeper system, a handful of elites in an L.A. boardroom make decisions on what everyone in the world watches,” said Jeffrey Harmon, co-founder and chief content officer at Angel Studios. “At Angel Studios, we don’t believe that there is a group of elites who are smarter than the viewers. That’s why as executives at Angel Studios, we can’t even consider a film unless the guild first greenlights the movie or TV show, since that decision power is vested to the Angel Guild.”
The guild is made up of over 345,000 people from over 150 countries. Angel aims the grow the guild to over 1 million members with the new offering.
“When we reach 1 million members, we believe our community will reach escape velocity as a movement, making the people’s studio a driving force in the entertainment landscape,” said Harmon.
Fans interested in Angel Studio’s offering can find details at angel.com/invest.
Angel’s success is evidenced by 45 million downloads of its app on virtually all TV platforms, including AppleTV, ROKU and Google TV. The producer’s “Dry Bar Comedy” has over 5 billion views and over 150 million viewers and Angel Studios’ films have the highest average “Popcornmeter” score from Rotten Tomatoes of any major studio at 95 percent, ahead of second-place Paramount’s 84 percent.
Angel has 2024 releases scheduled under the titles “Sweetwater,” “The 1916 Project,” “Bonhoeffer: Pastor, Spy, Assassin” and “Homestead.” The studio expects to release a total of at least seven movies and seven TV series in 2025.