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…