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Legion M is a fan-owned entertainment company that partners with filmmakers and Hollywood studios to produce original movies, TV shows, VR experiences and more. We provide development support, financial backing, marketing muscle and, most importantly, fan engagement and monetization. We're the first entertainment company in history built from the ground up to be owned by fans! With the help of the JOBS Act, we're opening the gates of Hollywood and giving fans a first-ever opportunity to own and participate in a production company.
Legion M is crowdfunded by fans. It was formed in 2016 to take advantage of a new US Securities and Exchange Commission rule change that allowed regular people—not just the wealthy—to invest in startups. Founded by Paul Scanlan and Jeff Annison, who also created MobiTV to put TV shows on smartphones, Legion M wanted to give fans a say in the kinds of projects its entertainment company made. The idea was that, if people are emotionally and financially invested in Legion M, they’d be more likely to support its projects.
So far, Legion M has raised nearly $10 million from 10,000+ investors, who contributed $500 on average, which the company can invest in projects (both independent and studio) like Bad Samaritan, Colossal, Field Guide To Evil, Mandy, Jay & Silent Bob-Reboot and others. It also has another 40,000+ members who joined the community for free, and help scout films, give feedback on potential projects, and, most importantly, rally friends and family to support Legion M’s work. (The only difference between Legion M members and investors is that investors also own shares in the company.)
The company’s logo, the letter M with a bar over it, is the Roman numeral for 1 million, the number of investors it ultimately hopes to attract. When we achieve this goal, we'll have hundreds of millions of dollars to develop film, television, and other entertainment projects that have 1 million fans standing behind them. We believe this could make us one of the most influential companies in Hollywood!
“It’s very high risk, but potentially high reward if we’re one of those very few companies that can beat the odds and go on to change industry,” said Scanlan. “If we don’t, we’ll go out of business. That’s the way it works.”
For more information please contact
Email: [email protected]
Phone: (833) 534-4666
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