Angel Studios Inc. is an independent media and entertainment company that disrupts traditional Hollywood distribution models through a community-driven approach to content creation. Originally founded as VidAngel in 2014 and rebranded in 2021 following a reorganization, the company produces and distributes values-based films and television series for theatrical release and streaming. Its proprietary over-the-top (OTT) video-on-demand platform distributes original content globally. The core of Angel Studios' business model is the "Angel Guild," a subscription-based community of over 2 million paying members who vote on which scripts and pilots the studio should fund and distribute. This crowdsourced greenlighting process helps de-risk projects by ensuring a built-in audience before significant capital is deployed. The company also utilizes a unique "Pay It Forward" model, allowing viewers to purchase movie tickets or streaming access for others. Revenue is primarily generated through Angel Guild memberships, which accounted for approximately 72% of total revenue in early 2026. Additional revenue streams include theatrical box office receipts—highlighted by the global success of films like Sound of Freedom—as well as third-party streaming distribution agreements. Operating primarily in the United States but distributing content worldwide, Angel Studios competes with traditional Hollywood studios and major streaming platforms by targeting an underserved audience seeking family-friendly and inspirational storytelling.