Angel Studios, the company behind the successful film 'Sound of Freedom', criticizes the traditional movie distribution model at CinemaCon 2024 in Las Vegas. They argue that the current model is not effective for audiences, the creative community, or theater owners.
A visitor walks past advertisements for upcoming movies on the opening day of CinemaCon 2024 at Caesars Palace, Monday, April 8, 2024, in Las Vegas. The four-day convention of the National Association of Theatre Owners runs through Thursday.
In 2023, their first year releasing movies, Angel Studios made over $300 million worldwide. According to its leaders, over 100,000 people from 155 countries have invested nearly $80 million in projects released to date, including last month’s “Cabrini.” And Angel is hoping the momentum continues with several new releases coming this year, which they previewed for. On Memorial Day, they’ll debut the drama “Sight,” starring Greg Kinnear and Terry Chin. It’s based on the true story of eye surgeon Dr. Ming Wang, who endeavored to restore a blind child’s vision. And on the Fourth of July, they’ll have “Possum Trot,” executive produced by and starring “Black Panther’s” Letitia Wright.
Also on the slate are “Bonhoeffer,” about the anti-Nazi pastor who helped found Confessing Church and later died in a concentration camp, and “Homestead,” a post-apocalyptic survival drama starring Neal McDonough, due at Christmas. Finally, there is the animated movie “David,” a biblical story, set for Thanksgiving 2025.
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Angel Studios Cinemacon 2024 Movie Distribution Sound Of Freedom Traditional Model Criticism
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