Alamo Drafthouse Partners with Fan-Owned Studio Legion M
A new partnership between Alamo Drafthouse, the independent theater chain and distribution company, and Legion M, the world’s first fan-owned entertainment company, could help pave a new way for independent films to get financed and developed. The two companies announced yesterday that they had formed a strategic partnership to develop and distribute genre content, including feature films, shorts and virtual reality. On May 16th, Legion M launched a public equity crowdfunding campaign under new rules adopted by the Securities and Exchange Commission under the the 2012 JOBS Act. Since it launched the campaign last week, the company has raised $400,000 from accredited investors and […]
by Paula Bernstein on May 27, 2016