About · Founded 2024 · Brooklyn, NY

A theatre
built for the second floor

Cinema is a streaming home for filmmakers who would rather make a hundred films seen by a thousand people each, than one film seen by a hundred million. We believe in small audiences, fair waterfalls, and a credit roll that says someone you've never met owns a sliver of this picture because they paid for it.

Founded
November 2024
Headquarters
Brooklyn, NY
Stage
Public beta
Backed by
Patrons of the round
No. I · Manifesto

Why we made this

The film business has always been two businesses pretending to be one. The business of making films, which is small and messy and personal, and the business of distributing them, which is enormous and impersonal and cares only about the size of the room.

For a long time those two businesses tolerated each other because they had to. The big rooms paid for the small messes. But somewhere in the last decade the rooms got so big that the messes started getting changed to fit them. The films got broader. The credit rolls got shorter. The risks got smaller.

We started Cinema because we missed the messes.

A film is not a content asset. It is a letter from one person to a few thousand others.

We don't think every film should be made for a hundred million people. We think most films should be made for a few thousand, and that those few thousand should know each other a little, and that the person who made the film should be able to look out from the stage and recognize the people in the seats. That used to be possible. We're trying to make it possible again.

So we built three things into one site. A theatre, where you can watch good films in a room with other people who chose to be there. A round, where you can put a small amount of money behind a film you believe in and own a share of what it earns. And a studio, where filmmakers can do both — release their work and raise the money for what comes next — without surrendering the credit roll.

★ · ★ · ★

None of this is original. The repertory theatres did the first part. The community ownership movement did the second. The independents have been quietly doing the third for a hundred years. We just put them under one marquee and pointed the tools at the people who actually make the work.

If you stay with us, you'll see films you would not have seen anywhere else, by people who would not have been able to make them anywhere else, financed by audiences who otherwise would have been spectators. That is the whole pitch. There is nothing more behind the curtain.

We hope you'll come in.

— Margaret Bell & Jules Tanaka Founders · Cinema, Inc.
No. II · What we believe

Six tenets

Tenet · 01

Small rooms

A film made for everyone is a film made for no one. We optimize for the right thousand viewers, not the largest possible one. The metrics that matter are watched-to-the-end and came-back-for-the-next-one.

Tenet · 02

Fair waterfalls

The filmmaker recoups first. The investor pool is paid second. The platform takes a fee that is a real number, printed clearly, and never higher than 12%. There is no marketing recoupment, no interest accrual, no preferred share class.

Tenet · 03

Credit rolls matter

If a thousand people put money behind a film, all thousand names go in the credits. The investor is a collaborator, not a customer. We will never charge extra to put a name on the screen.

Tenet · 04 · Quiet

Some rooms stay small

Not every conversation belongs in public. Our private Acquisitions channel exists for the few filmmakers who want to sell a film outright, to one buyer, without an audience watching. It is by application only, runs through a single broker, and is the opposite of a marquee. Both rooms — the loud one and the quiet one — belong to the same building.

Tenet · 05

Documents over dashboards

Investors get printed quarterly statements and per-film cap tables, not a real-time chart. The film business runs on quarters. Pretending it runs on minutes makes everyone anxious for no return.

Tenet · 05

No algorithm

There is no recommender system. There is a programmer named Sam who picks what goes on the marquee on Friday. If you don't like the picks, ask Sam. The address is at the bottom of every page.

Tenet · 06

The filmmaker stays

Cinema does not acquire rights. Films come to the platform under non-exclusive license; filmmakers can pull their work at any time, sell it elsewhere, or release a director's cut without asking us. We are a venue, not an owner.

No. III · By the numbers

The tally, so far

412k
Watch hours
Across the catalog, since open beta in March 2025.
1,247
Investors
In rounds across 14 active and 6 closed films.
$2.4m
Raised, all rounds
Average ticket: $147. Median: $50. Largest: $24,800.
$612k
Distributed back
To investors over four quarters of paying titles.
86
Films released
52 features, 28 documentaries, 6 short anthologies.
38
In production
Funded through the round and shooting now.
12%
Platform fee
All-in. No marketing recoup, no preferred class.
0
Algorithms
The marquee is hand-programmed by humans, weekly.
No. IV · The story

How we got here

Spring 2023

The conversation that started it

Margaret was finishing a documentary that had been in post for two years. Jules had just walked away from a streaming platform that was about to delist 80% of its catalog. They met at a screening at Anthology Film Archives and stayed in the lobby for three hours after the film let out.

November 2024

Cinema, Inc. is incorporated

A Delaware C-corp with three full-time employees and a list of 47 filmmakers who had said I'd put my next one through that. The first prototype was a Google Sheet and a Vimeo Pro account.

March 2025

Open beta. First five films.

We opened the doors with five features and one short anthology. The first round closed in nine days. Three of the five films are still in the top ten.

August 2025

First quarterly distribution

$84,200 paid out across 612 investors, on three titles that had hit their recoup threshold. The average per-investor check was $137.58. We mailed paper statements to anyone who asked.

January 2026

The round goes Reg CF

Investing opens to non-accredited investors under SEC Regulation Crowdfunding. Annual caps apply. The community grew 4× in the next eight weeks.

Today

What we're working on

A standalone iOS app, premiere watch parties for every release, a director-in-residence program with three art-house cinemas, and the second annual House Programmes retrospective in November.

No. V · The team

Who's behind the curtain

M

Margaret Bell

Co-founder · Programming

Documentary filmmaker. Made The Lighthouse Keeper (2024), Salt (2021), and a long short about her grandmother. Programs the marquee on Fridays.

J

Jules Tanaka

Co-founder · Engineering

Built distribution systems at three streaming platforms before deciding to do it differently. Shoots 16mm on weekends. Will not let us name a feature after a server.

S

Sam Reyes

Programmer · Marquee

Former repertory programmer at Metrograph. Watches roughly 14 films a week. Picks what goes on the marquee. Will write back if you tell them what you want to see more of.

O

Owen Riley

Head of Filmmaker Relations

Walks every new filmmaker through their first round, every time. Composer in a previous life. Writes the contracts in plain English, then makes the lawyers approve them.

E

Eleanor Hammond

Counsel & Compliance

Securities attorney who left a firm to do work that meant something. Holds the platform to its own tenets. The reason the disclosures are short and clear.

D

Davi Kowalski

Design & House style

Bookmaker turned interface designer. Reason every page reads like a programme. Believes margins are an opinion. Refuses to add a recommendation algorithm.

No. VI · Press kit

For journalists, festivals, and exhibitors

C
Wordmark · Cinema

The full logotype, set in Fjalla One. Light and dark versions.

SVG · PNG · 412 KB Download →
Mark · Star & rule

The single-character mark used in app icons and favicons.

SVG · PNG · 84 KB Download →
House palette

Six colors with hex, RGB, CMYK, and Pantone equivalents.

PDF · 2.1 MB Download →
Fact sheet

One-page company overview. Founded, funding, films released, headcount, latest distribution figures.

PDF · 184 KB · v3.2 Download →
Founder portraits

High-resolution headshots of Margaret Bell and Jules Tanaka, color and black-and-white.

JPG · 24 MB · 2026 Download →
Product screenshots

The marquee, a film detail page, the round, the player. 4K, web and print resolutions.

ZIP · 38 MB · 12 images Download →
Brand guide

Type system, color usage, voice notes, logo clear-space, and what not to do. Long-ish but well-set.

PDF · 14 MB · 64 pages Download →
B-roll · The room

Two minutes of usable B-roll: the office, the screening room, programmers at work. Cleared for editorial.

MP4 · 412 MB · 2:08 Download →

The whole press kit

Everything above, bundled in one folder. Updated when any individual asset is updated.

Download · 478 MB
No. VII · Said about us

From the press

"
The first streaming platform in years that treats the credit roll as a real document, and the audience as something other than an aggregate.
Filmmaker MagazineMarch 2026
"
It is impossible to come away from Cinema's quarterly distribution emails without feeling that the math is being done in front of you, on purpose.
The VergeFebruary 2026
"
A working theory of independent film built into a working website. Whether the theory holds is another matter; that the website holds is already a small miracle.
The New York TimesDecember 2025
No. VIII · Contact

Where to write

For journalists

Press & media

Interview requests, advance screeners, and editorial commentary. We respond within one working day.

press@cinema.example →
For filmmakers

Bring us your film

Submissions are open year-round. We watch every cover letter and most of every film. Replies in two weeks.

creators portal →
For investors

The round

Questions about Reg CF, accreditation, or a specific film's offering. Eleanor reads every note herself.

invest@cinema.example →
For exhibitors

Programming partnerships

Theatres, festivals, and screening series interested in our director-in-residence program or House Programmes retrospective.

venues@cinema.example →
For everyone

The marquee programmer

Tell Sam what you want to see more of, less of, or what we missed last week. We read every note.

sam@cinema.example
By post

The actual office

Cinema, Inc.
147 Bond Street, 4th floor
Brooklyn, NY 11217

View on a map →
★ · ★ · ★

Thank you for reading. Now go watch something good — preferably something nobody told you to.

FIN · Set in Fjalla One, Cormorant Garamond & DM Mono · Cinema, Inc. · MMXXVI