Angel Studios · Guild Analytics · April 2026

Solo Mio — Guild Streaming Performance Forecast

12-month viewtime share projection & revenue model · Prepared April 20, 2026
12-Month Projected Revenue
$3.0M
Range: $2.6M – $3.5M
Month 1 Viewtime Share
9.6%
Mar 2026 · 492K hours
Guild Tickets Sold
7.0M
3rd largest theatrical-to-guild launch
Revenue Front-Loaded
52%
Earned in first quarter (Mar–May)
Executive Summary
Solo Mio launched on Angel's Guild streaming platform in March 2026, concurrent with its theatrical run (Feb 5 – Apr 30), and opened to 9.62% of total guild subscriber viewtime — the third-largest opening month by absolute hours in the platform's history, behind only David (Feb 2026) and Homestead (Feb 2025).

With 7.0M guild tickets sold, Solo Mio outperformed every comparable-ticket-count title at launch. Sketch (9.4M tickets) and Senior (6.9M tickets) peaked at 7.1% and 5.7% respectively on a platform half the current size. Solo Mio is tracking closer to King of Kings (11.5% peak) than to its ticket-count peers — a meaningful signal of strong content-market fit.

Applying a $200K-per-1%-viewtime-per-quarter revenue model, we project approximately $3.0M in Guild revenue over 12 months (March 2026 – February 2027), with 52% concentrated in Q1. The primary risk to the upside is May 2026: if the post-theatrical platform marketing push drives a retention spike, Q1 revenue could reach $1.65M. The December 2026 holiday season also presents a secondary lift opportunity, given Solo Mio's musical content profile.

Outperforming ticket peers

7M tickets → 9.6% viewtime share. Truth & Treason had 8.3M tickets but only 2.6% at peak. Solo Mio is performing at 3.7× that rate on a larger platform.

Concurrent theatrical model works

Guild access launched mid-theatrical (not at end). Viewtime held at 75% month-over-month vs a 58% average for comparable titles — slower decay than the norm.

Holiday tailwind likely

Every comparable title saw a December viewtime bump (+15–40% vs prior month). Solo Mio's musical content profile may strengthen this seasonal effect.

Monthly Viewtime Share — 12-Month Projection
% of Total Guild Subscriber Viewtime
Month-by-Month Projection
Month Calendar Viewtime % Range Notes
1 Mar 2026 9.6%actual Guild launch, concurrent with theatrical
2 Apr 2026 7.2%actual* Partial (through Apr 20); theatrical still running
3 May 2026 6.5% 5.5 – 8.0% Post-theatrical; modest hold as access broadens
4 Jun 2026 4.0% 3.0 – 5.0% Natural decay begins
5 Jul 2026 3.0% 2.5 – 4.0% Settling into long-tail
6 Aug 2026 2.5% 1.8 – 3.0% Stable
7 Sep 2026 2.0% 1.5 – 2.5% Low season
8 Oct 2026 2.0% 1.5 – 2.5% Fall platform pickup
9 Nov 2026 2.1% 1.8 – 2.5% Pre-holiday build
10 Dec 2026 2.5% 2.0 – 3.5% Holiday boost — musical content
11 Jan 2027 1.8% 1.3 – 2.3% Post-holiday normalization
12 Feb 2027 1.5% 1.0 – 2.0% Stable long-tail

* April figure annualized from 20-day partial; theatrical ends April 30.

Quarterly Revenue Projection
Revenue at $200K per 1% Viewtime per Quarter
Quarter Months Avg Viewtime % Conservative Base Case Optimistic
Q1 Mar – May 2026 7.77% $1,490K $1,553K $1,654K
Q2 Jun – Aug 2026 3.17% $487K $633K $800K
Q3 Sep – Nov 2026 2.03% $320K $407K $500K
Q4 Dec 2026 – Feb 2027 1.93% $287K $387K $520K
Total Mar 2026 – Feb 2027 $2,584K $2,980K $3,474K
Comparable Theatrical Releases — Historical Viewtime Share
Title Tickets M0 Peak M+1 M+2 M+3 M+4 M+5 M+6 M+11
Solo Mio 7.0M 9.6% 7.2%* — projected →
King of Kings 19.2M 11.5% 4.8% 3.8% 4.4% 4.0% 3.5% 5.1% 2.2%
Last Rodeo 11.3M 16.8% 8.4% 5.8% 3.8% 3.6% 2.4% 2.9%
Bonhoeffer 0.5M 12.9% 10.9% 4.3% 3.2% 3.1% 2.1% 1.2% 0.7%
Sketch 9.4M 7.1% 3.4% 1.8% 0.9% 0.8% 0.8% 0.7%
Senior 6.9M 5.7% 3.8% 0.9% 0.7% 0.6% 0.4% 0.3%
Homestead 4.5M 23.6% 14.9% 10.8% 8.7% 6.4% 6.0% 4.9% 4.1%
Truth & Treason 8.3M 2.6% 1.5% 0.6% 0.4% 0.5%
Assumptions & Risks

Key assumptions

  • Revenue model: $200K per 1% of quarterly guild subscriber viewtime, applied to the average monthly % across each quarter.
  • Platform total viewtime assumed to grow modestly from current ~5.1M hours/month; declining % share could represent stable or growing absolute hours.
  • December 2026 seasonal boost modeled conservatively at +25% vs surrounding months — historical range is +15–40%.
  • May 2026 modeled as modest hold (~6.5%) rather than a large theatrical-end spike, because guild demand has been building for 2 months already.
  • David (currently at 10–16% share) will compress available share for all other titles through mid-2026.
  • No directly comparable musical/operatic film exists in catalog; seasonal musical affinity is uncertain.