Margaret Bell
Documentary filmmaker. Made The Lighthouse Keeper (2024), Salt (2021), and a long short about her grandmother. Programs the marquee on Fridays.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
$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.
Investing opens to non-accredited investors under SEC Regulation Crowdfunding. Annual caps apply. The community grew 4× in the next eight weeks.
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.
Documentary filmmaker. Made The Lighthouse Keeper (2024), Salt (2021), and a long short about her grandmother. Programs the marquee on Fridays.
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.
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.
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.
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.
Bookmaker turned interface designer. Reason every page reads like a programme. Believes margins are an opinion. Refuses to add a recommendation algorithm.
The full logotype, set in Fjalla One. Light and dark versions.
The single-character mark used in app icons and favicons.
Six colors with hex, RGB, CMYK, and Pantone equivalents.
One-page company overview. Founded, funding, films released, headcount, latest distribution figures.
High-resolution headshots of Margaret Bell and Jules Tanaka, color and black-and-white.
The marquee, a film detail page, the round, the player. 4K, web and print resolutions.
Type system, color usage, voice notes, logo clear-space, and what not to do. Long-ish but well-set.
Two minutes of usable B-roll: the office, the screening room, programmers at work. Cleared for editorial.
Everything above, bundled in one folder. Updated when any individual asset is updated.
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
Interview requests, advance screeners, and editorial commentary. We respond within one working day.
press@cinema.example →Submissions are open year-round. We watch every cover letter and most of every film. Replies in two weeks.
creators portal →Questions about Reg CF, accreditation, or a specific film's offering. Eleanor reads every note herself.
invest@cinema.example →Theatres, festivals, and screening series interested in our director-in-residence program or House Programmes retrospective.
venues@cinema.example →Tell Sam what you want to see more of, less of, or what we missed last week. We read every note.
sam@cinema.exampleThank you for reading. Now go watch something good — preferably something nobody told you to.