Angel Studios
Angel Studios is a publicly traded, audience-funded distributor targeting faith-friendly and values-driven film and TV, distinguished by its 1.5 million-member Angel Guild that votes on what gets made and released.
Each signal is one documented data point captured by our continuous pipeline: a trade-press mention, festival market activity, executive statement, or acquisition activity update. Higher signal volume means Angel Studios is generating more public market activity right now.
Angel's crowd-governed model has averaged $34.7 million per title across its recent releases, outpacing indie rivals, even as the company has yet to turn a profit.
Angel Studios occupies a singular position in the independent distribution landscape: a publicly traded company (ticker: ANGX) whose content decisions are governed not by a traditional greenlight committee but by a 1.5 million-member Angel Guild. Chief content officer Jeffrey Harmon has described the model plainly: "I can't take a movie into the studio and stream it or take it to theaters unless the guild passes it." The company explicitly positions itself as a corrective to Hollywood gatekeepers being out of touch, targeting audiences in middle America with faith-friendly, values-driven content that skews toward a more conservative worldview. Despite reporting $135 million in revenue in the first half of 2025, the company has not yet turned a profit, posting a $53.3 million loss in that same period, and is investing heavily in Guild membership growth and international expansion.
Angel's acquisition pattern centers on family-friendly animated and live-action content with broad audience appeal, character-driven storytelling, and source material that can be adapted for wider accessibility. Recent acquisitions include the animated feature and TV franchise IP David (currently subject to ongoing litigation with producer Slingshot), the feature film franchise Fablehaven based on Brandon Mull's book series, the series The Wingfeather Saga, Homestead, and Tuttle Twins. The company's 2026 theatrical slate includes Young Washington, a George Washington origin story timed to America's 250th anniversary. Budgets on individual acquisitions are not publicly disclosed, though the company's releases have averaged $34.7 million per title according to media analyst Evan Shapiro. Angel has also lost rights to its highest-profile series, The Chosen, following a bitter arbitration ruling that is currently under appeal.
Material reaches Angel primarily through its Guild-governed pipeline rather than traditional spec submissions. The company has 28 decision makers tracked in trade coverage, but the structural reality is that the Angel Guild membership functions as a collective co-producer, meaning projects must align with the Guild's values-driven mandate to advance. International co-production and distribution partners, including U.K.-based Kova (slate deal), Brazil's largest faith-based distributors, and selective partners across Latin America and Asia including South Korea, represent additional access points for producers with completed or near-completed projects in those territories.
David (animated film and TV franchise IP)
Fablehaven (feature film franchise based on Brandon Mull's books)
Homestead
The Wingfeather Saga
Tuttle Twins
Angel's crowd-governed model has averaged $34.7 million per title across its recent releases, outpacing indie rivals, even as the company has yet to turn a profit.
Angel Studios occupies a singular position in the independent distribution landscape: a publicly traded company (ticker: ANGX) whose content decisions are governed not by a traditional greenlight committee but by a 1.5 million-member Angel Guild. Chief content officer Jeffrey Harmon has described the model plainly: "I can't take a movie into the studio and stream it or take it to theaters unless the guild passes it." The company explicitly positions itself as a corrective to Hollywood gatekeepers being out of touch, targeting audiences in middle America with faith-friendly, values-driven content that skews toward a more conservative worldview. Despite reporting $135 million in revenue in the first half of 2025, the company has not yet turned a profit, posting a $53.3 million loss in that same period, and is investing heavily in Guild membership growth and international expansion.
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Does Angel Studios accept unsolicited scripts?
Angel Studios does not operate a traditional open-submissions pipeline. Its greenlight process is governed by the Angel Guild, a 1.5 million-member body that votes on which projects get made and distributed. Chief content officer Jeffrey Harmon has stated that no project moves to theaters or streaming without Guild approval. Unsolicited scripts are unlikely to advance without an existing relationship with the company or a Guild-connected producer attached.
What budgets does Angel Studios typically work at?
Individual acquisition budgets are not publicly disclosed by Angel Studios. However, media analyst Evan Shapiro has reported that Angel's releases averaged $34.7 million per title from 2023 to 2025, which positions the company above most micro-budget indie distributors. The company has also secured a $100 million credit facility with Trinity Capital and raised $55 million from more than 40,000 individual investors just ahead of its IPO, suggesting meaningful production and acquisition capacity.
What festivals does Angel Studios source films from?
The input data does not specify particular festivals as sourcing channels for Angel Studios. Given the company's focus on values-driven, faith-friendly content and its Guild-governed model, projects are more likely to enter the pipeline through direct producer relationships, faith-community networks, or international distribution partnerships than through traditional festival acquisition. Producers with completed films aligned with Angel's mandate may find more traction approaching the company directly or through its international partners.
How do I get my script or film in front of Angel Studios?
The most direct route is through Angel's Guild-governed pipeline, which means aligning a project with the company's values-driven mandate before formal submission. Angel has 28 decision makers tracked in trade coverage, and the company has active international distribution partnerships, including a slate deal with U.K.-based Kova and partnerships with Brazil's largest faith-based distributors, which may offer additional entry points for producers outside the U.S. with completed or near-completed projects.
What genres is Angel Studios currently acquiring?
Angel's current content focus is family-friendly animated and live-action content with broad appeal to younger audiences, character-driven storytelling with emotional depth, and adaptations of existing source material for wider accessibility. Recent acquisitions include the animated feature and franchise IP David, the book-based franchise Fablehaven, The Wingfeather Saga, Homestead, and Tuttle Twins. The company's 2026 slate also includes Young Washington, a live-action George Washington origin story targeting a broad family audience.
Is Angel Studios currently active and acquiring new projects?
Angel Studios is active, with its latest tracked signal dating to May 2026 and 75 total records logged in the past 12 months. However, deal velocity in the most recent 30-day and 90-day windows shows no new unique deals closed, suggesting a possible pause in acquisition activity. The company is also navigating significant legal headwinds, including ongoing litigation over the animated feature David and an appeal of the arbitration ruling that stripped it of rights to The Chosen.
Profile compiled from publicly-available sources: trade press (Deadline, Variety, IndieWire, The Hollywood Reporter, Screen Daily), festival market reports (Cannes Marche, AFM, EFM, TIFF Industry), executive public statements, and acquisition announcements. Activity counters reflect signal volume from continuous pipeline indexing.
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