What is Solstice Studios?
Founded in October 2018 and based in Los Angeles, Solstice Studios operates as an independent entity focused on the development, full financing, international sales, and U.S. distribution of feature films. The studio aims to produce 3-5 movies annually, targeting a global audience with budgets typically ranging from $20 million to $80 million. Additionally, Solstice plans to co-finance or acquire 1-2 films per year for wide U.S. release. The company boasts a partnership with Ingenious Media and a senior team with a substantial production track record, projected to expand to 65 employees. Key leadership includes President & CEO Mark Gill, Head of Production Lisa Ellzey, and CFO Shaun Williams.
How much funding has Solstice Studios raised?
Solstice Studios has raised a total of $3M across 2 funding rounds:
Debt
$2M
Debt
$977K
Debt (2020): $2M with participation from PPP
Debt (2021): $977K led by PPP
Key Investors in Solstice Studios
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Solstice Studios?
The recent major strategic investment signals a pivotal growth phase for Solstice Studios, likely enabling the company to scale its production capabilities and expand its market reach. This capital will be instrumental in achieving its ambitious goals of producing a consistent slate of films and acquiring additional projects for distribution. The company's focus on developing, financing, and distributing films positions it to capitalize on market opportunities and solidify its presence in the independent film sector.
See full Solstice Studios company page
