“Crowdfunded film ‘His Only Son’ earns profit for investors.”
Investors in “His Only Son” Rewarded with 120% Payout
Every movie is a risk for investors, but the “Angel investors” who supported a crowdfunding push on behalf of “His Only Son” didn’t know if their money would be returned in any capacity. However, their faith is being rewarded as Angel Studios announced this week it’s paying back the 2,024 investors who supported the project’s marketing budget, plus 20%. That’s called the P&A (prints and advertising) in Hollywood speak. Angel Studios says “His Only Son” is the first film to leverage crowd investors into its marketing plan.
The Angel Studios Model
The studio’s twist on traditional crowdfunding methods allows investors to receive some, or all, of their money back if the projects in question thrive. Investors raised $1.235 million in under 100 hours to help promote the movie. Now, they’ll receive a 120% payout given the film’s box office success – million.
“We’re proud to see that, once again, the Angel Studios Model is successful in getting crowd investors a return on their investment,” Neal Harmon, CEO and Co-Founder at Angel Studios, said in a statement. “We’ve seen this happen for the investors who made ‘Dry Bar Comedy’ possible and again with those who invested in ‘The Chosen.’”
About “His Only Son”
“His Only Son” recounts one of the most controversial moments in the Old Testament—when Abraham was commanded by God to sacrifice his son Isaac on the mountain of Moriah. While traveling to the place of the sacrifice, alongside Isaac and two servants, Abraham is flooded with vivid memories from the years he and Sarah spent longing for the son they were promised—the son he must now lay upon the altar.
The film, which earned a 96% “fresh” rating from audiences at RottenTomatoes.com, was selected by the Angel Guild. The group of more than 90,000 members invest in or pay it forward monthly for one or more of Angel Studios’ Originals.
What is Angel Studios?
Angel Studios is a studio that produces and distributes high-quality, faith-based content. Their unique model allows investors to receive a return on their investment if the project is successful. The Angel Guild, a group of more than 90,000 members, invests in or pays it forward monthly for one or more of Angel Studios’ Originals.
Angel Studios Torch
The Angel Studios Torch is a symbol of the studio’s mission to “light the world with entertainment that celebrates the good in people.”
Angel Studios Originals
Angel Studios’ Originals include “The Chosen,” “Dry Bar Comedy,” and “His Only Son.”
Invest in Angel Studios
If you’re interested in investing in Angel Studios, visit their website to learn more.
" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
Now loading...