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Legion M Entertainment

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World's first fan-owned entertainment company

Los Angeles, United StatesFounded 2016Consumer Services
Valuation $25–50M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Legion M Entertainment and the history behind them.

About Legion M Entertainment

Legion M Entertainment operates as a fan-owned entertainment company, a model facilitated by the Jumpstart Our Business Startups (JOBS) Act. The company was founded in March 2016 by Paul Scanlan and Jeff Annison. The founders, both Emmy-winning entrepreneurs, previously co-founded MobiTV, a company that pioneered streaming television to mobile devices. Their background in digital media innovation informed their vision to disrupt the traditional Hollywood studio system by empowering fans.

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The company's business model is centered on equity crowdfunding, allowing fans to become shareholders by investing in the company. This structure provides a built-in audience that is financially and emotionally invested in the success of the projects. Legion M's long-term goal is to unite one million fan shareholders, leveraging their collective power to influence which projects get made and to create a grassroots marketing force for releases. Revenue is generated through a diversified slate of activities, including earning producer fees, film distribution, investments in third-party projects, merchandising, live events, and marketing partnerships. The company partners with creators, from independent filmmakers to major studios, to develop, finance, produce, and monetize content across film, television, and virtual reality.

Legion M's portfolio includes a variety of projects. Initially, the company made smaller investments in films like "Colossal" and "Mandy" to gain a foothold in the industry. It has since progressed to financing, producing, and distributing its own films, such as the documentary "William Shatner: You Can Call Me Bill" and the dark comedy "My Dead Friend Zoe," starring Ed Harris and Morgan Freeman. A key aspect of their model is allowing fans to invest directly in specific film projects, with those investors receiving returns before the company. This fan-centric approach extends to giving the community a voice in creative decisions through platforms like their "Film Scout" app. The company has successfully raised over $25 million from more than 58,000 investors through multiple funding rounds.

Source: Dealroom company data

At a glance

Founded
2016
Headquarters
Los Angeles, United States
Sector
Consumer Services
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States94.1%
🇦🇺 Australia1.5%
🇭🇰 Hong Kong0.7%
🇳🇱 Netherlands0.7%
🇵🇹 Portugal0.7%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Legion M Entertainment on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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