Redefine Film & TV with Award Winners and Billion-Dollar-IP Creators
Co-founded by Ron Perlman, we remove studios and middlemen from the movie- and TV-making process to give power and profits to audiences and creators. Fans vote for projects they want to see. Creators control the work. Everyone shares the profits.
Our previous raise maxed out in under 3 months. Become an early-stage investor now, before our platform is live and the entertainment industry is forever changed.
In Hollywood, “waterfall” is an inside joke.
It should mean money flows from the top to the creators at the bottom. Instead, creators often see nothing. Watrfall was named to flip that concept on its head, building a model where the flow is real and transparent to everyone involved.
Only Executives Win in Today’s Entertainment Model
The average household subscribes to four streaming platforms, spending ~$61/month. But 41% feel the content isn’t worth the price1. The system is no better for creators, whose work is distorted by middlemen and executives with zero transparency into viewership and performance.
A Platform Where Creators and Fans Decide and Profit
By removing studios and middlemen from the equation, we give the money they used to keep to creators and fans so we can all profit together.
Participation: Fans vote on, fund, and ultimately decide what gets made
Transparency: All contracts and payouts are publicly tracked on-chain
Control: No middleman interference or creative meddling
Quality: Creators stay true to their vision; audiences get better stories
Today’s Entertainment Platforms Run on Bloated, Expensive Systems
By partnering with next-gen video platforms, Watrfall unlocks lighter, more efficient video delivery systems that slash hosting and storage costs compared to legacy cloud platforms. And because every project is tracked through a transparent digital ledger, everyone involved can see how the money flows and where it ends up. That means lower operating costs, clearer reporting, and more profit staying with the people driving success: fans, creators, and investors.
Directly Powering Our Platform’s Launch
The capital we raise helps transition from working demo to a fully operational, content-rich platform:
available for fan voting, community discussion, and transparent performance tracking.
letting users watch, fund, and participate in the creative process
using Walrus for lean, transparent video storage and Seal for encryption and security
to bring trusted filmmakers, production houses, and their loyal audiences to the platform
across tech, distribution, and creative to support greenlit projects and create a scalable foundation
Our Plan to Launch
in Q2 2026
You’re investing at a pivotal moment as we finalize the platform and prepare for launch. By Q2, we aim to have a growing community, greenlit productions, and lean, transparent infrastructure powering it all.
Oscar and Golden Globe Winners, Billion-Dollar IP Creators
Our leadership combines more than a century’s worth of entertainment experience, content and digital finance expertise, and proven ability to launch platforms and scale successful ventures.
Golden Globe-winner and Emmy-nominated actor/producer with over 40 years in film and television.
He's known for standout roles in Hellboy, Beauty and the Beast, and Sons of Anarchy, as well as extensive work in voice acting.
A leading producer behind some of the most beloved kids programming. Founded/ran/sold one of the world's most successful animation studios. Oversaw Teletubbies, Inspector Gadget, Caillou, Peanuts, StrawBerry Shortcake.
Academy-Award-Winning producer (Bowling for Columbine). Former Chairman & CEO of Wildbrain (market cap of $1.5B CAD in '17). Named Canada's Entrepreneur of the Year in 2017.
Entrepreneur across tech and entertainment. Built and sold companies in creative services and consumer products, led product & design at Amazon Video, co-founded a subscription business with Gary Vee, and launched creator-driven projects with various talent.
How You Can Meet Ron Perlman and Be in Our Movies
As one of our earliest supporters, you’re eligible for increased upside with your investment. And all preexisting Watrfall investors are guaranteed at least 5% bonus stock with their reinvestment this round.
+ Priority Project Review
+ Priority Placement of Your Project for Voting
+ Increased Project Voting Power
+ On-Screen and IMDb Credit in the Inaugural Film Slate
+ All Previous Tiers
+ Lifetime Access to Watrfall Content For You and 3 Friends
+ All Previous Tiers
+ Lifetime Access to Watrfall Content For You and 5 Friends
+ Be an Extra in a Watrfall Production
+ All Previous Tiers
Frequently Asked Questions
Why invest in startups?
Regulation CF allows investors to invest in startups and early-growth companies. This is different from helping a company raise money on Kickstarter; with Regulation CF Offerings, you aren’t buying products or merchandise - you are buying a piece of a company and helping it grow.
How much can I invest?
Accredited investors can invest as much as they want. But if you are NOT an accredited investor, your investment limit depends on either your annual income or net worth, whichever is greater. If the number is less than $124,000, you can only invest 5% of it. If both are greater than $124,000 then your investment limit is 10%.
How do I calculate my net worth?
To calculate your net worth, just add up all of your assets and subtract all of your liabilities (excluding the value of the person’s primary residence). The resulting sum is your net worth.
What are the tax implications of an equity crowdfunding investment?
We cannot give tax advice, and we encourage you to talk with your accountant or tax advisor before making an investment.
Who can invest in a Regulation CF Offering?
Individuals over 18 years of age can invest.
What do I need to know about early-stage investing? Are these investments risky?
There will always be some risk involved when investing in a startup or small business. And the earlier you get in the more risk that is usually present. If a young company goes out of business, your ownership interest could lose all value. You may have limited voting power to direct the company due to dilution over time. You may also have to wait about five to seven years (if ever) for an exit via acquisition, IPO, etc. Because early-stage companies are still in the process of perfecting their products, services, and business model, nothing is guaranteed. That’s why startups should only be part of a more balanced, overall investment portfolio.
When will I get my investment back?
The Common Stock (the "Shares") of Watrfall (the "Company") are not publicly-traded. As a result, the shares cannot be easily traded or sold. As an investor in a private company, you typically look to receive a return on your investment under the following scenarios: The Company gets acquired by another company. The Company goes public (makes an initial public offering). In those instances, you receive your pro-rata share of the distributions that occur, in the case of acquisition, or you can sell your shares on an exchange. These are both considered long-term exits, taking approximately 5-10 years (and often longer) to see the possibility for an exit. It can sometimes take years to build companies. Sometimes there will not be any return, as a result of business failure.
Can I sell my shares?
Shares sold via Regulation Crowdfunding offerings have a one-year lockup period before those shares can be sold under certain conditions.
Exceptions to limitations on selling shares during the one-year lockup period:
In the event of death, divorce, or similar circumstance, shares can be transferred to:
• The company that issued the securities;
• An accredited investor;
• A family member (child, stepchild, grandchild, parent, stepparent, grandparent, spouse or equivalent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships).
What happens if a company does not reach their funding target?
If a company does not reach their minimum funding target, all funds will be returned to the investors after the close of the offering.
How can I learn more about a company's offering?
All available disclosure information can be found on the offering pages for our Regulation Crowdfunding offering.
What if I change my mind about investing?
You can cancel your investment at any time, for any reason, until 48 hours prior to a closing occurring. If you’ve already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To submit a request to cancel your investment please email: info@dealmakersecurities.com
How do I keep up with how the company is doing?
At a minimum, the company will be filing with the SEC and posting on its website an annual report, along with certified financial statements. Those should be available 120 days after the fiscal year end. If the company meets a reporting exception, or eventually has to file more reported information to the SEC, the reporting described above may end. If these reports end, you may not continually have current financial information about the company.
What relationship does the company have with DealMaker Securities?
Once an offering ends, the company may continue its relationship with DealMaker Securities for additional offerings in the future. DealMaker Securities’ affiliates may also provide ongoing services to the company. There is no guarantee any services will continue after the offering ends.
What is Watrfall?
Watrfall is a next-generation film and television platform designed to give creators more control, investors greater transparency, and fans a meaningful stake in the success of content. It combines film financing and distribution with modern, on-chain infrastructure that enables transparent funding, rights tracking, and revenue participation.
Through Watrfall, users can support and invest in film and TV projects, participate in community-driven decision-making, and access exclusive film-related perks and experiences. Platform activity is designed to be recorded on-chain, providing clear visibility into how funds are allocated and how revenues flow.
The platform is also being built to support secure, and cost effective decentralized media infrastructure, including innovatively efficient storage and data protection, with the longer-term goal of enabling new forms of content access, community engagement, and digital ownership alongside regulated investment opportunities.
Who are the principles behind Watrfall?
Watrfall was founded by Actor/Producer Ron Perlman, CEO Dana Landry, and Chairman Michael Donovan, who have a combined 115+ years of experience in the film and television Industry.
Ron Perlman is most known for his roles in Hellboy and Sons of Anarchy, and he was awarded a Golden Globe in 1989 for Best Actor in a Film and Television series.
Michael Donovan won an Academy Award for Best Documentary in 2003 for Bowling for Columbine.
Dana Landry and Michael Donovan have decades of experience collaborating on children's film and television through their previous company Wildbrain which developed content for Peanuts, Teletubbies, Inspector Gadget and countless other animated IPs.
How will you use the proceeds of this round?
Proceeds from this round will be allocated across three primary areas:
• Content acquisition: Securing high-quality film and television rights to expand the Watrfall catalog and accelerate platform adoption while also initiating the development of original IP in parallel.
• Infrastructure, platform development, and general business expenses: Continued investment in product development, technology infrastructure, security, compliance, and day-to-day operating costs necessary to scale the business responsibly.
• Marketing and growth initiatives: Funding targeted marketing efforts to drive user acquisition, build brand awareness, and support community growth across our distribution channels.
What is the difference between the parent company and subsidiary?
The Parent Company:
• Owns the Watrfall platform and can function as a studio.
• Holds copyright and intellectual property (IP) in conjunction with creators and licensing partners.
• "Receives 95% of net revenues from licensed IP projects, after allowable expenses, with the remaining 5% allocated to the subsidiary for investor distributions."
• Its primary focus is on owning and controlling the broader IP and Watrfall platform ecosystem.
The Subsidiary:
• Functions as a distributor/licensor for the parent company for the revenue streams included in this offering.
• Entitled to 5% of the platform’s profits, after expenses. Revenue streams include films, TV shows, licensing, producer fees, merchandise, character spinoffs, and more.
• A real US-based operating company with dedicated staff across marketing and sales.
• Investors are entitled to their pro rata share of profits from these revenue streams, after operating costs.
• Funds raised go into this LLC, with a portion allocated to the parent company for platform development.
What is the purpose of the MR DTP LLC SPV?
MR DTP Investors SPV, LLC is a simple pass-through entity created solely to facilitate this offering. Investors invest through the SPV, which then immediately invests those funds into MR DTP LLC on a one-to-one basis. The SPV has no operations or independent business and exists only to streamline the investment while providing investors the same economic exposure, rights, and disclosures as a direct investment in MR DTP LLC.
What does your path to profitability look like?
Our path to profitability is driven by a capital-efficient, revenue-first model. We monetize an existing slate of Parent-owned film and television IP through global distribution with minimal fixed overhead, generating recurring revenue while avoiding the costs of a traditional studio. At the same time, we are developing a focused slate of proprietary projects designed to add higher-margin upside, allowing us to scale revenues and improve profitability as the platform grows.
In a hypothetical scenario, what would my return look like?
For all projects funded and owned by the Parent, investors receive their pro rata share of 5% of the platform’s net revenues from these projects, after allowable expenses. For example, if a project generates $4 million in net revenues after expenses, investors would receive their proportional share of $200k.
If the platform is successful, the number of greenlit projects is expected to accelerate creating more opportunities for revenue generation and investor returns.
What is the exit plan for the company?
The plan is to build a successful, valuable company. Exit opportunities like an acquisition or IPO could follow in due course.
How many investors do you have already?
We currently have 1100+ investors.
Where are your headquarters located?
Our headquarters are located in Halifax Nova Scotia, Canada.
Are you looking to partner with other companies?
We are open to strategic partnerships that align with Watrfall’s long-term vision for secure, transparent digital media infrastructure. We currently partner with Sui ecosystem technologies, including Walrus for decentralized content storage and Seal as a security and access-control layer. Together, these technologies enable encrypted, tamper-resistant storage of digital content, supporting data integrity, security, and long-term durability across our platform.
What is your Launch Roadmap?
Q1: Platform Finalization + Content Acquisition:
• Complete core product development and quality testing;
• Begin acquiring existing content to establish library.
Q2: Platform Launch + Creator Onboarding:
• Platform goes live with streaming and creator onboarding flow;
• Begin acquiring the first slate of films and series for fan voting.
Q3: Fan Voting Launch + Community Building:
• Enable users to fund, vote on, and discuss projects;
• Begin building an early community around initial titles.
Q4: Greenlights + Pre-Production:
• Announce the first projects selected through fan participation;
• Move those titles into pre-production with selected creators.