Angel Studios has announced over $100 million in new original content

|
, ,

Angel Studios started life as VidAngel, and the company has been creating and supporting independently made content for the past few years now. Now, Angel Studios has announced an injection of $100 million into new original content coming to the platform.

Estimated reading time: 3 minutes

Angel Studios, the streaming platform behind many of the most successful crowdfunded shows of all time, announced more than $100 million in new original content at its “Illuminate ‘22” annual live streaming event for investors. The action-packed event featured key announcements about the company’s upcoming original content lineup. Angel continues to use its innovative crowdfunding model—in combination with funding from venture capital firms—to tell stories that amplify light, providing a viable family-friendly alternative to Hollywood. 

“We’re thrilled at the caliber of content that the Angel Studios investors selected for crowdfunding this year, validating our thesis that the crowd will make better decisions than a few executives. The success of The ChosenTuttle Twins, and Dry Bar Comedy is now leading to incredible new series like Luso and movies like David, totalling in production budgets of over $100 million,” said Neal Harmon, Angel Studios CEO. “Angel went from the verge of bankruptcy to $123 million in revenue in one year. This success is fueled by the global popularity of shows funded by 50,000 Angel investors, everyday people who have united together to make the media they want to see in the world.” 

Angel Studios is a community-driven movie studio that empowers audiences to decide what content gets produced and distributed, while creating communities around each project. Creators pitch projects on the Angel platform, and “Angel investors” fund the ones they’re most excited to see (via the Angel Funding Portal). Post-production, content is delivered directly to viewers and grows as fans share it with others. The Angel model has already produced three of the most successful crowdfunded shows of all time, including The ChosenTuttle Twins, and The Wingfeather Saga

Angel Studios

Angel Studios Highlights

  • Angel announcing 2022 Series Lineup in excess of $100 million
  • Angel lays out a plan to reach 1 billion viewers worldwide by 2025
  • The Chosen—Season 3 released late in 2022
  • Tuttle Twins—Season 2 in Pre-Production in 2022
  • Dry Bar Comedy—Season 10 currently filming
  • The Wingfeather Saga—Season 1 Releasing in December
  • The Riot and the Dance—Season 2 releasing Late Summer/Early Fall
  • LUSO—New Series—crowdfunding in the Fall of 2022
  • Jungle Beat—New Series— 5 Seasons of the Hit Kids Series hitting the Angel App in 2022
  • The German King—New Series—Crowdfunding in 2022
  • Truth & Conviction—New Series—Crowdfunding in 2022
  • Testament—New Series—Crowdfunding in 2022
  • Pharma—New Movie—Crowdfunding in 2022
  • David—New Movie—Crowdfunding and in Pre-Production

What do you think of this announcement from Angel Studios? Please share your thoughts on any of the social media pages listed below. You can also comment on our MeWe page by joining the MeWe social network.

Last Updated on May 20, 2022.

Angel Studios-min
Previous

Crackle rolls out updated free app on Fire TV

Eight promising innovations in battery technology

Next

Latest Articles

Share via
Copy link
Powered by Social Snap