Not Currently Funding |Offering: Reg CF
One of the reasons we are opening another round of investment is because our first round was never approved by the state of Washington. This round is a different type of offering that doesn't require state approval, so those investors who tried, but were ultimately rejected, now will have a chance to invest in The Chosen. Another reason is because we are already in production for episodes 5-8 of Season 1 and we need these funds to finalize that production. We want everyone who would like to be able to invest to have the opportunity to do so.
Yes! There are a few restrictions in this type of offering, but most people are allowed to invest.
Yes. As an owner of The Chosen, you would be entitled to your share of profits. The management of The Chosen determines this distribution. As a Series A Preferred Unit holder, you would earn up to 120% of your initial investment before the founders of The Chosen take any profit. So you get paid only when The Chosen earns a profit.
The money invested this round will go towards our production costs to complete Episodes 5-8.
Shows and films generate income from distribution, whether it’s from customers of streaming sites, theatrical ticket sales, DVD rentals and sales, fees from TV stations, and international distributors purchasing the rights. The Chosen is currently distributed in the following ways: In North America, through VidAngel’s streaming service, on DVD and through publishing The Chosen books and devotionals. Down the road it will potentially be distributed on television, and overseas in all countries through multiple channels.
The company has authorized for issuance up to a total of 1,070,000 units of membership interest as part of this offering. For further capitalization information please see our Form C.
You may invest as many times as you would like until you reach your investment limit under Reg CF.
No. Although no law limits the minimum amount of money you can invest as an individual, transaction costs related to the purchase of the units, and ongoing maintenance make accepting investments less than $100 unreasonable.
Our ability to offer our units to the public is possible due to recent legislation known as the Jobs Act. This same law limits the amount that investors can purchase based on your annual revenue and net worth.
As part of Regulation CF, we are required to file annual reports with the Securities and Exchange Commission. We will also send out regular investor updates via email to let you know all the latest news of the company.
No. The Chosen is a legal entity that is a separate and distinct company from VidAngel, Inc. Investments made are in The Chosen, LLC not VidAngel, Inc.
The judgement against VidAngel in its lawsuit could affect the method of distribution of the project but it will not prevent the distribution of The Chosen. If VidAngel cannot distribute, The Chosen could distribute through other channels.
“The Chosen” is the first multi-season show about the life of Christ, which means it’s not a stand-alone movie or a single-season mini-series. It’s also not a documentary. Think of shows like Stranger Things, This Is Us, Breaking Bad*, etc., but with a lot of Jesus and without inappropriate content, and that’s the idea.
*These shows are not affiliated in any way to The Chosen or its creative talent, not an indicator of future success of The Chosen
Every person involved in the core team creating this series is a believer in Christ and is committed to biblical and historical accuracy. We also have a team of Bible-believing historical experts consulting on the project. Additionally, this will be distributed by VidAngel, a faith and family-friendly streaming service excited about the message of the series.
Several have asked about which “translation” of the Bible we’ll be using, and if we’ll be referring to Christ as “Jesus” or “Yeshua.” We will not be using any one translation exclusively; and we will primarily use the English version of the Greek translation of the New Testament, so all of the characters’ names will be English, including Jesus. “Jesus” and “Yeshua” both mean “God saves,” or “rescue,” so same man, same meaning, same Messiah.