Statement Films Raises Initial USD750K Funding

USA – Statement Films, a Los Angeles, CA-based data-driven entertainment startup, raised USD750K in funding.

The round was led by Earvin “Magic” Johnson,  Samuel L. Jackson, LaTanya Richardson Jackson, as well as business leaders Robyn & Tony Coles and Vicki & John Palmer. Founded by writer, producer, and political analyst, Areej Noor, Statement Films sources, develops and presents a pipeline of African-women-led IP to international buyers, bridging the gap between African and Diaspora women filmmakers and the global market.The company intends to use the funds to scale the current offering into a media and insights business that increases the visibility of the African Creative Class while its production arm remains focused on building a pipeline for female filmmakers on the continent and in the diaspora. 09/02/2023