Legion M is a company for fans and owned by fans. Their mission is to partner with creators to create content that fans want to see. The company is the brainchild of Paul Scanlan and Jeff Annison. Together, they started Legion M as the first company of its type that allowed regular fans to have an equity stake in a production company, unlike a Kickstarter campaign, where financial backing only entitles fans to non-equity rewards.
Jeff and Paul were able to create Legion M in 2016 as a result of a change in investment law under the Jumpstart Our Business Startups Act (JOBS Act), which allowed for equity crowdfunding. Paul states that Legion M was the first company to apply for the ability to raise money under these new rules once the Security and Exchange Commission published the final regulations.
Under Jeff and Paul’s leadership and after two rounds of fundraising, Legion M has raised more than $3.5 million. Recently, they released Colossal, a fan-favorite film starring Anne Hathaway, Jason Sudeikis, and Dan Stevens. Colossal is a film about a woman who has a strange connection to a kaiju!
Jeff and Paul debuted Legion M at Silicon Valley Comic Con (SVCC) in SVCC’s inaugural year. Since their initial appearance, Jeff and Paul have made several Legion M appearances at other events such as Sundance (where they hosted the Legion M Lounge), Wonder Con 2018, and SXSW. They returned to Silicon Valley Comic Con this year with more news, an exhibit, and a panel.
At Silicon Valley Comic Con, Legion M presented a panel with Dean Devlin (Stargate, Independence Day, Leverage, The Librarians) to discuss the company and their new film, Bad Samaritan, which stars David Tennant (Doctor Who, Jessica Jones, Harry Potter and the Goblet of Fire) and Robert Sheehan (Misfits, Mortal Engines, The Mortal Instruments: City of Bones, The Umbrella Academy). Dean showed several clips from the film and he invited the audience to attend a free screening of the film at a local theater. The film is scheduled to be released in theaters on May 4. If the clips are any indication, this movie will be the thriller of the year.
Legion M has invested in several projects for the future:
Mandy (starring Nicolas Cage) – This is a movie set in 1983. Red Miller (Cage) hunts through the wilderness for the members of a religious sect who murdered the love of his life.
- Airship Cowboys– Jeff and Paul described this animated series as “Archer meets Blazing Saddles.”
- Icons: Face to Face– This is a virtual reality interview series where fans will appear to stand face-to-face with the movers and shakers of our time. One of the first virtual interviews will be with Stan Lee in his home.
- Evermor– This is a one-hour sci-fi/fantasy steampunk series.
- Field Guide to Evil– This project is a global anthology that will explore a series of global myths, lore, and folktales that have captivated and scared communities around the world.
- Malice– This is a one-hour drama series set in a world where Romeo and Juliet did not die.
If all of this content is not enough, Paul and Jeff promised that a major new project will be revealed soon! I was unable to convince them to disclose any information about the project, but they did say it will be big.
I felt a true sense of excitement from both Jeff and Paul as they talked about Legion M, their current projects, and future prospects. They explained that finally fans have a chance to actively invest in a company that partners with creators to create content that fans love and want to see. If anyone is interested in investing in Legion M, they will be announcing a third round of fundraising soon. Information about the next round can be found on their website, LegionM.com. Legion M makes it a great time to be a fan.