GET A PIECE OF LEGION M ENTERTAINMENT
The world's first FAN-OWNED entertainment company.
$3,382,408.98 Raised
Read about Legion M in:
PROJECT SPOTLIGHT
When you invest in Legion M you own a stake in all of our projects, including our quest to bring the story of Robert Smalls to the big screen!
Overview
FANS OF THE WORLD, UNITE!
We founded Legion M because we saw a once-in-a-lifetime opportunity to create an entertainment company OWNED by fans.
Why? Because no matter where you sit in the value chain, a built-in audience can be one of the most valuable assets in entertainment. By uniting fans as shareholders, we’re attempting to create a company with a built-in audience for every project it makes.
Legion M’s logo is the Roman numeral for 1 million. That's because our long-term goal is to unite 1 million fans as shareholders of the company. Our mission is to create a massive grassroots audience — a Legion of fans — that we believe could make Legion M one of the most influential companies in Hollywood.
TEAM
Emmy-Winning Digital Pioneers
Co-founders Paul Scanlan and Jeff Annison are Emmy-winning serial entrepreneurs and digital pioneers. In 1999, the duo (along with one other cofounder) started MobiTV, the first company in the U.S. to launch live streaming television on mobile phones. From 2003 to 2009, the trio grew the company into a worldwide leader in streaming media with 300+ employees, more than $100 million of VC investment, and an Emmy Award for innovation in television.
In addition, Legion M has attracted a top-tier advisory board that includes legendary actor William Shatner, billion-dollar producer Dean Devlin, author/entrepreneur Eric Ries (author of “The Lean Startup"), and current/former executives from Netflix, Sony, Lucasfilm, Epic Games, and MGM.
Traction
HOW WE MAKE MONEY
Like many early stage companies, Legion M is not focused on short-term revenue, but on building what we believe will become long-term competitive advantages for the company. We're willing to sacrifice short-term revenue for long-term strategic gain because we know the bets we make as a Legion of 35,000 pale in comparison to the bets we'll be able to make as a Legion of 1,000,000.
That said, Legion M has already demonstrated an ability to generate revenue from a diverse array of both traditional and non-traditional revenue streams, including:
- Legion M's share price is not set on an open market the same way a publicly traded stock is. Instead, the company sets the stock price, and the public decides whether or not they would like to buy it.
- In January of 2022, Legion M shareholders voted to pass a 10-for-1 stock split. The prices listed on this table are presented on a post-split basis.
- Beginning in Round 7, Legion M’s offerings included the opportunity to receive bonus shares as a reward, which changes the effective share price paid by the investor.
why invest
Let’s Make an M-Shaped Dent in the Universe!
PROJECTS
Invest in a Diversified Slate of Projects
Since Legion M was founded in 2016, we’ve developed a slate of projects diversified across genre, medium, business model, and risk profile. We’ve demonstrated an ability to work with top tier partners, from billion-dollar producers like Dean Devlin (Independence Day, Stargate, Leverage, The Librarians) and Michael Uslan (Batman, The Dark Knight, Joker) to renowned creators like Stan Lee (creator of the Marvel Universe) and Kevin Smith (Clerks, Dogma, Mallrats) and top-shelf distribution partners including NEON (Parasite, I Tonya), Bleecker Street (The Assistant, Beasts of No Nation), Searchlight (JoJo Rabbit, The Shape of Water), SpectreVision (No Man of God, Color out of Space) and Nederlander Worldwide Productions (Hamilton, Wicked, The Lion King).
the problem
Entertainment is a “hit-driven business”
Entertainment can be extremely lucrative, but is also unpredictable. Consumer trends, technologies, and distribution models are constantly changing. Movies and TV shows are expensive bets, with budgets that can reach the tens or hundreds of millions of dollars. Every project has potential to be a breakout hit...but even the biggest names in the business sometimes strike out.
How can you improve your odds of success?
the solution
Harnessing the Power of Fans
While technologies and trends will come and go, there’s been one constant in entertainment since the earliest days of silent film: the importance of the audience. It's the audience (or lack thereof) that determines success or failure, and the audience that’s responsible for every penny in ticket sales, subscription fees, and advertising revenue.
That's why a company owned by fans is such a powerful idea. When we pool our collective power, we have potential to:
- Fill theaters opening night
- Negotiate better terms
- Attract the best talent
- Harness the "wisdom of the crowd" to make decisions
- Find the next big thing
- Reduce downside risk
- Increase the chance of creating a hit
We believe that by harnessing the power of fans, Legion M can create sustainable long-term competitive advantages that could potentially make Legion M one of the most influential companies in Hollywood.
Opening the gates of hollywood
HAVING FUN = GOOD BUSINESS
Most companies view investors simply as a source of capital. For Legion M, they are the foundation of our business. We are a community as well as a corporation, and our job is to create value for this community with things like:
- Invitations to red carpet premieres
- Set visits
- Roles as extras in our films
- Special events (e.g. Stan Lee Handprint Ceremony, Saturn Awards, etc.)
- Opening weekend meetups for movie releases
- Online Q&As with actors, directors, and other Hollywood insiders
- Special investor-only offers, discounts, and invitations
- Lounges at events like Comic Con and Sundance Film Festival
- FILM SCOUT app and Elite Scout Program
- Inclusion in the Legion M production credit
The wonderful thing about a fan-owned company is that financial ROI and fun are not necessarily mutually exclusive. The more engaged and excited our audience is, the more buzz and value we can create for the project, which in turn increases the project’s chances of success to the benefit of the company and all its shareholders.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.
CROWDCHECK VERIFIED REPORT CAN BE FOUND HERE.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
ABOUT
HEADQUARTERS
1801 CENTURY PARK EAST 24TH FLOOR
Los Angeles, CA 90067
WEBSITE
View Site
Legion M is the first entertainment company built to be owned by fans. Enabled by disruptive new securities laws, we're giving you a seat at the table -- and a stake in the outcome -- as we unite fans to shape the future of Film and Television!
TEAM
Paul Scanlan
Cofounder & CEO
Jeff Annison
Cofounder & President
David Baxter
V.P. of Development
Eric Lam
Business Operations
Taylor Gledhill
Creative Director (PT)
Prophetess Branchcomb
Director of Finance & Accounting (PT)
Michelle P. Carter
Creative Executive (PT)
Chris Cooper
Marketing/Growth Hacking (PT)
Tyler Harmon
Marketing/Growth Hacking (PT)
Clare Bateman-King
Worldwide Events and Business Development (PT)
Brandi Plants
Media Response Team (PT)
Terri Piñon
Community Management (PT)
Ramona Snyder
Volunteer Coordinator (PT)
TERMS
Legion M Entertainment
Overview
PRICE PER SHARE
$1.65
DEADLINE
Oct 14, 2023
VALUATION
$58.68M
FUNDING GOAL
$39.6 - $20.7M
Breakdown
MIN INVESTMENT
$39.60
MAX INVESTMENT
$1,000,000
MIN NUMBER OF SHARES OFFERED
24
MAX NUMBER OF SHARES OFFERED
12,545,454
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Class A Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
ALL UPDATES
REWARDS
$40
Tier 1
Invest $40+ and receive 1 code for a free Fandango movie ticket to a Legion M movie.
$100
Tier 2
Invest $100+ and receive a $15 Legion M gift card + 1 code for a free Fandango movie ticket to a Legion M movie.
$150
Tier 3
Invest $150+ and receive a $30 Legion M gift card + 1 code for a free Fandango movie ticket to a Legion M movie.
$250
Tier 4
Invest $250+ and receive 10% bonus shares + a $30 Legion M gift card + 1 code for a free Fandango movie ticket to a Legion M movie.
$500
Tier 5
Invest $500+ and receive 12% bonus shares + a $60 Legion M gift card + 1 code for a free Fandango movie ticket to a Legion M movie.
$1,000
Tier 6
Invest $1,000+ and receive 14% bonus shares + a $120 Legion M gift card + 1 code for a free Fandango movie ticket to a Legion M movie.
$2,000
Tier 7
Invest $2,000+ and receive 16% bonus shares + a $240 Legion M gift card + 1 code for a free Fandango movie ticket to a Legion M movie.
$5,000
Tier 8
Invest $5,000+ and receive 2 tickets to the premiere of a Legion M movie + 18% bonus shares + a $120 Legion M gift card.
$10,000
Tier 9
Invest $10,000+ and receive 4 tickets to the premiere of a Legion M movie + 20% bonus shares + a $240 Legion M gift card.
JOIN THE DISCUSSION
0/2500
Jason Varso
12 days ago
Brandi,
As an investor with Legion M and Bill Shatner: You Can Call Me Bill, I was wondering how we can determine how much we are recouping in our investments. As a film producer and an actor, I understand how things run from my projects, but I'm unclear on how we, as investors, are benefiting from the movies that are/will be shown in theaters 🎥 through Legion M. Is our stock being added with more shares? Are we receiving dividends (in a way) as our benefits? Could you just explain how we are receiving our ROI's?
Thank you in advance, Brandi.
1
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John Bauer
16 days ago
I very much wanted to invest in the DEFIANT Kickstarter offering, but received the info too late. How can I get in on the offering now?
1
0
Michael Gallina
23 days ago
What am I investing in. It isn't specific on this site. for instance, would I be investing in a specific project or do I choose which project I am investing into?
1
0
Nicholas Prinse
a month ago
Hello, we wish to invest more than the tiered amounts, but need to discuss terms if you could email me: nicholas@prinsepictures.com
1
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Jason Varso
a month ago
How can we see how many total shares we have after the stock split and what our per share price is currently worth?
Thank you in advance.
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Jon Golding
a month ago
I was wondering when this round of investment will close and those who have invested can get access to the members only site?
2
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Alexander Cardenas
a month ago
Are the bonus shares the tiers refer to extra bonus shares towards Legion M or bonus shares in Start Engine? Just looking for clarity, thanks.
1
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Mylene Asis
a month ago
Can invest now without being waitlisted?
1
0
Robinn Harris
2 months ago
How do we get the "rewards" listed for each Tier level?
2
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Vicki Goin
4 days ago
1
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