Angel Studios surpasses $10 million in new audience-investment initiative: ‘Replace the Hollywood gatekeepers’

Published September 4, 2024 7:19pm ET



Angel Studios’s newest initiative that allows audience members to invest in the entertainment studio’s overall work has raised more than $10 million in its first five days.

The studio uses an audience-driven funding model that allows potential audience members, called the Angel Guild, the opportunity to invest and provide feedback in the making of projects. The newest initiative, called Regulation A+, began Aug. 30 and expanded the Angel Guild with means for investments to fund the overall studio and reach beyond individual projects.

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