#229: Jeff Annison and Paul Scanlan, Co-Founders of Legion M, the World's First Fan-Owned Entertainment Company

Jeff Annison and Paul Scanlan are Co-Founders of Legion M. Founded by serial entrepreneurs with an Emmy Award for Innovation, Legion M is a first-of-its-kind entertainment company built from the ground up to be owned by fans. 

Legion M is uniting fans together to invest in and/or produce a diverse slate of original projects in various stages of development, including the critically acclaimed Colossal, starring Anne Hathaway and Jason Sudeikis, the cult hit Mandy starring Nicolas Cage and directed by Panos Cosmatos, Bad Samaritan starring David Tennant, a new feature film and comic book Girl With No Name in development, plus multiple original television series including “Evermor,” “Airship Cowboys,” and “Malice;” and a VR project called "ICONS: Face to Face" starring Stan Lee and Kevin Smith. 

About Our Partner

This episode is brought to you by our sponsor WeAreNoCode.

WeAreNoCode’s mission is to empower non-technical founders. The problem is that if you don’t know how to code, building your MVP or app idea is a frustrating process:

• Developers are expensive
• Looking for a perfect tech co-founder is time-consuming
• And learning how to code takes 3 years

Their program is called, “The No-Code Startup” and it’s a no-code accelerator program that teaches founders how to build, launch and monetize their startup without hiring expensive developers or waiting for a technical co-founder.

No-code is a disruptive new way of building software products that allows users to drag and drop functionalities to build powerful solutions like Uber, Airbnb, Twitter and much more.

They have founders in over 12 countries and partnerships with organizations like UCLA Accelerator, Startup Boost and Scale Health.

If you want to learn more or find out if no-code is a good fit for your startup, visit them at: www.wearenocode.com/justgogrind

Some of the Topics Covered by Jeff and Paul in this Episode

• How Legion M got started
• How the investors (The fans) are able to influence the decision making of Legion M
• The Film Scout game that Legion M developed and how it gives them an advantage in choosing movies
• How the first crowdfunding campaign went for Legion M
• The response from Hollywood around Paul and Jeff crowdfunding for an entertainment company
• How Legion M makes money and the business model behind them
• The types of projects Legion M gets involved with
• The unique marketing behind the successful crowdfunding of Legion M
• How Jeff and Paul have been so successful with Legion M
• Investing in startups and the benefits of equity crowdfunding