Legion M
Legion M
Type | Private |
|---|---|
| Industry |
|
| Founded | March, 2016 |
| Founder |
|
| Products | Motion pictures, television, video games |
| Website | https://legionm.com/ [32] |
Legion M (founded 2016) is the world's first fan-owned entertainment company.[1]
Type | Private |
|---|---|
| Industry |
|
| Founded | March, 2016 |
| Founder |
|
| Products | Motion pictures, television, video games |
| Website | https://legionm.com/ [32] |
History
Legion M was founded by Paul Scanlan and Jeff Annison in March, 2016.[2] Legion M is the world's first entertainment studio that allows fans to invest in and be part of the creation of new movies, television shows, virtual reality and other pieces of entertainment content.[3] Scanlan and Annison were able to create Legion M after the SEC passed Title IV of the JOBS Act, which allowed non-accredited investors to make investments in small businesses.[4] Legion M is currently partnered with Seth Green, co-creator of Emmy-winning TV series Robot Chicken, Gaston Dominguez of Meltdown Entertainment, and gaming studio Animal Repair Show.[5][6]
Legion M added a unique creative ally to its side by partnering with Alamo Drafthouse Cinema. This partnership adds a distribution component for Legion M as well as strengthening its expertise in film.[7]
On August 14, 2016, Legion M closed its initial funding round, and became the second company utilizing Reg. CF to earn $1,000,000. This record setting offering was completed in just three months with the contributions coming from over 3,000 investors.[8]
Legion M worked with the SEC to launch their 2nd funding round as a Reg A+ in March 2017.[9] A Reg. A+ round allowed for a higher funding threshold ($50,000,000), which provides two benefits to Legion M; the addition of capital, and the possibility of additional individual investors. The latter benefit being especially important as Legion M strives forward toward its goal of 1,000,000 investors.[10] Their Reg. A+ 2nd round was extended through Sept. 2, 2017 to accommodate for the growing demand from fans.[11]
On May 16, 2018, Paul and Jeff rang the opening cowbell on one of their frequent Facebook Live updates to announce the launch of Legion M's round 3 as a Reg. CF.[12] With round 3 closing date right around the corner, they have already oversubscribed again. [Figures to be updated soon]
On December 12, 2018, Legion M and Chicken Soup for the Soul Entertainment ("CSS Entertainment") announced the formation of a strategic partnership to bring community driven content to television fans. The companies will develop a variety of crowdsourced TV projects, including POSITV, a weekly collection of inspirational news stories submitted by people from around the world; a sketch comedy show called Comedy Royale where viewers play the role of production executive as up-and-coming creators, actors, and others compete for cash, prizes, and opportunities to break into the entertainment industry; a Shark Tank-like show called Up$ide where viewers become venture capitalists as entrepreneurs pitch their ideas on live television; and a weekly music showcase called New York Rock Exchange that puts audience members in a music executive's seat. Another series, titled Legion M, will allow creators and directors to pitch their TV or film concepts to a TV audience who will green light their favorite projects into production.[13]
Projects
Legion M partners with filmmakers to create and/or distribute movies and television shows. Some of Legion M's projects include the following:
Memory: The Origins of Alien is a documentary feature film that chronicles the making of the legendary science-fiction film Alien. The documentary, directed by Alexandre O. Philippe, is scheduled for release in the summer of 2019, forty years after Alien first hit the big screen. Legion M partnered with Screen Media to acquire the North American rights to Memory: The Origins of Alien.[14][15]
Jay and Silent Bob Reboot is a comedy film starring Kevin Smith and Jay Mewes, who first appeared together on film in the comedy film Clerks (1994). Legion M is one of the movie's equity financing partners.[16]
Girl With No Name is a film set in 1869 Wild West that features a mysterious gunslinger heroine known as The Girl. Legion M and Co-Op Entertainment are co-producers of the film, which will be directed by Tanya Wexler. Legion M and Co-op Entertainment will introduce audiences to the Girl With No Name story via a 40-page comic book slated for release in 2019. Tula Lotay is creating the cover art for the comic book.[17]
Mandy is a 2018 American action horror film directed by Panos Cosmatos that premiered at the 2018 Sundance Film Festival on January 19, 2018. It also showed at the Cannes Film Festival on May 12, 2018. The film stars Nicolas Cage and Andrea Riseborough.[18][19] Mandy has received critical acclaim (including being named as the top film in Esquire's "25 Best Movies of 2018 So Far [33] ").[20] The indie film's early success in theaters and via video on demand has caused some to see it as having the potential to be a cult classic.[21][22]
Bad Samaritan is a 2018 American horror-thriller film directed by Dean Devlin and starring David Tennant and Robert Sheehan, with Carlito Olivero, Kerry Condon, and Jacqueline Byers in supporting roles.[23]
Colossal is a 2016 black comedy monster movie directed by Nacho Vigalondo. The film, which stars Anne Hathaway, Jason Sudeikis, Dan Stevens, Austin Stowell, and Tim Blake Nelson, tells the story of Gloria, an unemployed writer (played by Hathaway), who unwittingly causes a giant monster to wreak havoc halfway across the world.[24]
ICONS: Face to Face is a virtual reality interview series featuring entertainment leaders of our time, captured using high-fidelity VR recording technology. In 2017, Legion M filmed a pilot episode featuring actor/director/comedian Kevin Smith and comic book icon Stan Lee.[25] On July 18, 2017, Legion M organized and hosted an event where Stan Lee added his handprints and footprints to the cement outside the TCL Chinese Theatre in Hollywood, California.[26]
The Field Guide to Evil is the follow-up horror movie from the creators of the cult classic The ABCs of Death series (Tim League and Ant Timpson).[27]