Difference between revisions of "Angel Studios"
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| − | '''Angel Studios''' is a streaming media service that offers family friendly entertainment that "amplifies light." The distribution and platform company features titles that include "The Chosen" | + | '''Angel Studios''' is a streaming media service that offers family-friendly entertainment that "amplifies light." The distribution and platform company features titles that include "The Chosen," "Dry Bar Comedy," "Wingfeather Saga," and "Tuttle Twins." The service focuses on content supported by equity crowdfunding, where individual investors have the opportunity to share ownership in the titles.[https://www.angel.com/home] |
"His Only Son," the biblical film based on the story of Abraham and Isaac released just before Easter 2023. The project is the "first time a theatrical release has been crowdfunded in entertainment history."[https://www.msn.com/en-us/news/us/biblical-drama-centering-on-controversial-passage-in-scripture-enjoys-crowdfunding-success/ar-AA18xdAK] | "His Only Son," the biblical film based on the story of Abraham and Isaac released just before Easter 2023. The project is the "first time a theatrical release has been crowdfunded in entertainment history."[https://www.msn.com/en-us/news/us/biblical-drama-centering-on-controversial-passage-in-scripture-enjoys-crowdfunding-success/ar-AA18xdAK] | ||
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"[C]rowdfunding for ‘His Only Son ’reached capacity in 100 hours–we are responding to the demand from the audience by at least tripling the theater count nationwide and throwing our most valuable marketing resources behind the film. The Angel Guild, made up of Angel investors from every show, have rated this film with one of the highest scores we have ever received in our system," CEO and co-founder [[Neal Harmon]] said. He also said that audiences are hungering for entertainment with values, and studies they've commissioned over the years back up the current movement.[https://www.msn.com/en-us/news/us/biblical-drama-centering-on-controversial-passage-in-scripture-enjoys-crowdfunding-success/ar-AA18xdAK] | "[C]rowdfunding for ‘His Only Son ’reached capacity in 100 hours–we are responding to the demand from the audience by at least tripling the theater count nationwide and throwing our most valuable marketing resources behind the film. The Angel Guild, made up of Angel investors from every show, have rated this film with one of the highest scores we have ever received in our system," CEO and co-founder [[Neal Harmon]] said. He also said that audiences are hungering for entertainment with values, and studies they've commissioned over the years back up the current movement.[https://www.msn.com/en-us/news/us/biblical-drama-centering-on-controversial-passage-in-scripture-enjoys-crowdfunding-success/ar-AA18xdAK] | ||
| − | Neal Harmon, along with his brother, [[Jeff Harmon]], founded Angel Studios in 2021. With brothers Daniel and Jordan Harmon, they created VidAngel, the predecessor of Angel Studios, in 2014. According to | + | Neal Harmon, along with his brother, [[Jeff Harmon]], founded Angel Studios in 2021. With brothers Daniel and Jordan Harmon, they created VidAngel, the predecessor of Angel Studios, in 2014. According to ''Deseret News'', the streaming service that allowed users to remove content they found objectionable from Hollywood movies and TV shows “attracted enough customers and irritated enough Hollywood studios that a court issued a preliminary injunction ordering it to stop its streaming service. A subsequent verdict in 2019 ordered VidAngel to pay $62 million in damages to several studios, and the company filed for bankruptcy. In September 2020, Utah Bankruptcy Court Judge Kevin R. Anderson approved the settlement of a $9.9 million payout to Disney and Warner Bros. that would stretch out over 14 years and allow the company to emerge from bankruptcy. The company operates a filtering service based on Netflix and Amazon content and has started to produce some of its own original programming. |
VidAngel CEO Neal Harmon said in September 2020, “As with any compromise, we had to make painfully difficult concessions to arrive at this agreement, as did Disney and Warner Brothers. We want to thank the team at Disney and Warner Brothers for negotiating this settlement in good faith. We also want to thank our fans and supporters, millions of people who have stood with us through thick and thin over the last four years of a battle that all too often looked lost and hopeless.”[https://deadline.com/2020/09/vidangel-settles-4-year-battle-with-disney-and-warner-bros-agreeing-to-pay-9-9m-to-emerge-from-bankruptcy-1234571195/] | VidAngel CEO Neal Harmon said in September 2020, “As with any compromise, we had to make painfully difficult concessions to arrive at this agreement, as did Disney and Warner Brothers. We want to thank the team at Disney and Warner Brothers for negotiating this settlement in good faith. We also want to thank our fans and supporters, millions of people who have stood with us through thick and thin over the last four years of a battle that all too often looked lost and hopeless.”[https://deadline.com/2020/09/vidangel-settles-4-year-battle-with-disney-and-warner-bros-agreeing-to-pay-9-9m-to-emerge-from-bankruptcy-1234571195/] | ||
Latest revision as of 11:26, 20 March 2023
Angel Studios is a streaming media service that offers family-friendly entertainment that "amplifies light." The distribution and platform company features titles that include "The Chosen," "Dry Bar Comedy," "Wingfeather Saga," and "Tuttle Twins." The service focuses on content supported by equity crowdfunding, where individual investors have the opportunity to share ownership in the titles.[1]
"His Only Son," the biblical film based on the story of Abraham and Isaac released just before Easter 2023. The project is the "first time a theatrical release has been crowdfunded in entertainment history."[2]
"[C]rowdfunding for ‘His Only Son ’reached capacity in 100 hours–we are responding to the demand from the audience by at least tripling the theater count nationwide and throwing our most valuable marketing resources behind the film. The Angel Guild, made up of Angel investors from every show, have rated this film with one of the highest scores we have ever received in our system," CEO and co-founder Neal Harmon said. He also said that audiences are hungering for entertainment with values, and studies they've commissioned over the years back up the current movement.[3]
Neal Harmon, along with his brother, Jeff Harmon, founded Angel Studios in 2021. With brothers Daniel and Jordan Harmon, they created VidAngel, the predecessor of Angel Studios, in 2014. According to Deseret News, the streaming service that allowed users to remove content they found objectionable from Hollywood movies and TV shows “attracted enough customers and irritated enough Hollywood studios that a court issued a preliminary injunction ordering it to stop its streaming service. A subsequent verdict in 2019 ordered VidAngel to pay $62 million in damages to several studios, and the company filed for bankruptcy. In September 2020, Utah Bankruptcy Court Judge Kevin R. Anderson approved the settlement of a $9.9 million payout to Disney and Warner Bros. that would stretch out over 14 years and allow the company to emerge from bankruptcy. The company operates a filtering service based on Netflix and Amazon content and has started to produce some of its own original programming.
VidAngel CEO Neal Harmon said in September 2020, “As with any compromise, we had to make painfully difficult concessions to arrive at this agreement, as did Disney and Warner Brothers. We want to thank the team at Disney and Warner Brothers for negotiating this settlement in good faith. We also want to thank our fans and supporters, millions of people who have stood with us through thick and thin over the last four years of a battle that all too often looked lost and hopeless.”[4]
