Biblical movie, His Only Son, to repay crowdfunding investors with 120% return after unexpected box office triumph.
His Only Son Raises Enough Revenue to Pay Back Crowdfunding Investors
The biblical film, His Only Son, has made an impressive showing at the box office, raising enough revenue to pay back its crowdfunding investors. Angel Studios, the platform behind The Chosen, distributed the film and revealed that 2,024 investors provided the film’s theatrical marketing budget. The studio also noted that it reached crowdfunding capacity with $1.2 million raised in a remarkable 100 hours.
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“We’re proud to see that, once again, the Angel Studios model is successful in getting crowd investors a return on their investment,” said Angel Studios CEO and co-founder Neal Harmon. “We’ve seen this happen for the investors who made Dry Bar Comedy possible and again with those who invested in The Chosen. We’re so thrilled but not surprised that those individuals who funded the [film’s prints and advertising] are seeing a return.”
Harmon said the studio would be sending a notification to investors regarding how they can receive their 120% payout.
Film review site Rotten Tomatoes featured a critics’ score of 80% with comments that suggested His Only Son is “not material for an epic,” while others called the film “mesmerizing.” Audience members, however, have given the film a 97% score.
“I didn’t set out to do Christian films,” director David Helling told the Washington Examiner. “I set out to do biblical films because they’re for the sake of the gospel — not the typical Hallmark with a Jesus tinge over it.”
The film, which depicts the biblical account of Abraham and his son Isaac, premiered in theaters on March 31. In its opening weekend, His Only Son took the box office’s No. 3 spot.
- 2,024 investors provided the film’s theatrical marketing budget
- $1.2 million raised in a remarkable 100 hours
- Investors will receive a 120% payout
- Critics gave the film an 80% score, while audiences gave it a 97% score
- Director David Helling set out to do biblical films for the sake of the gospel
- His Only Son premiered in theaters on March 31 and took the No. 3 spot at the box office
Click here to read more from the Washington Examiner.
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