Angel Studios, Streaming Platform Behind "The Chosen", Raises $47 Million Investment Led By Gigafund To Give Hollywood A Remake
Angel Studios, Streaming Platform Behind "The Chosen", Raises $47 Million Investment Led By Gigafund To Give Hollywood A Remake
01/05/22, 12:27 PM
Location
Money raised
$47 million
Industry
film production
film
Angel Studios, the streaming platform behind the most successful crowdfunded shows of all time, has raised $47 million to bring control of the entertainment industry back to consumers and creators. The round caps off a major comeback year for cofounders Neal and Jeffrey Harmon, who led Angel Studios to over $100 million in annual revenue just one year after Disney and Warner Bros. tried to shut the studio down in court.