TGCB Is Ready To Cash In On The Billion Dollar Streaming Boom
Anyone who shares a streaming account with their family knows the nightly scroll past show after show in search of something the whole room can watch together, and one of the biggest hits in streaming came from a series built to end that search. The Chosen began as a crowdfunded series about the life of Jesus that streamed on its own app, and over five seasons it has drawn more than 300 million viewers around the world. A following that size brought in Amazon (NASDAQ: $AMZN), which secured the rights to the show's final two seasons for Prime Video and later gave Wonder Project, the studio behind House of David, its own $8.99-a-month faith channel on the same service. Amazon is following subscribers who have already shown they will pay for faith programming, and Tego Cyber Inc. (OTCID: $TGCB) is now building its own streamer for those families under a new name, Everlight Media Group.
TGCB's platform will carry feature films, television series, documentaries, and children's programming built on faith-based, conservative principles and traditional family values, a lineup that covers every member of the household from the parents down to the youngest kids. Subscriptions pay for that lineup, and the company plans to build advertising, live events, merchandising, and content partnerships on top of the same audience, a model it sizes as light on capital and quick to revenue at high gross margins. CFO Robert Mikkelsen pointed to millions of Christian families looking for programming that reflects their faith, and TGCB's Everlight is designed to become the place those families go to find it.
Pew's Religious Landscape Study backs up the size of that audience, counting 62% of U.S. adults as Christians in a share that has held steady since 2019 after years of decline. Those families also pay for faith content they could watch free, and Fathom grossed $72 million putting The Chosen in theaters while the same episodes streamed at no charge on the show's own app. The Chosen franchise also sells merchandise from picture books to framed artwork, which shows the live-event and merchandise lines Everlight has planned already earn money in this market.
The subscription is where the biggest money sits, and Angel (NYSE: $ANGX), the Provo, Utah studio behind The King of Kings, has built a paid Angel Guild that passed 2.85 million members at the end of July. That membership nearly doubled in a year, lifting Guild revenue 93.8% to $90.7 million in the second quarter, and each member pays Angel an average of $13.69 a month. TGCB has a market cap of under $4 million, and at Angel's average rate roughly 23,500 subscribers would bring in that much revenue in a single year. That subscriber count would amount to less than 1% of the paying members Angel has already signed from the same families Everlight is now going after.
Angel built its Guild from the ground up inside a streaming market on track to grow from $264.85 billion in 2026 to $551.19 billion by 2030. Larger media companies have bought their way into the same faith audience, starting with Sony (NYSE: $SONY), which acquired the Pure Flix streaming service in December 2020. Pure Flix had grown to about 1 million subscribers at $7.99 a month by the time Sony folded it into Great American Media, which has since cracked the Top 25 cable networks and sells ad and sponsorship packages across both cable and streaming. Sony and Amazon each paid to reach these families, and TGCB gives retail investors a way to own a company built for nothing else.
Anthony D'Andrea took the CEO seat to lead that company, bringing more than 25 years in public companies, finance, investor relations, and business development, and he works alongside Mikkelsen, who stays on as CFO and keeps his board seat. Mikkelsen ran the company as CEO through its cybersecurity build, when quarterly revenue grew more than 400% year-over-year, and Intrusion Inc. (NASDAQ: $INTZ) acquired that business in June. Everlight starts with a CFO who has already built a business and sold it to a Nasdaq company, and he now points that experience at faith media.
Faith and family programming has become one of the most fought-over audiences in media, and TGCB is walking into that fight as a company rebuilt from the ground up to win it. Everlight gives TGCB one service built to hold an entire faith household, from the parents' movie night to the kids' shows, and a business designed to keep earning from that family well past the monthly subscription. Everlight gets to make that case while The Chosen returns to Prime Video on November 15, putting millions of faith viewers back on their streaming apps, where the search for the next show the whole family can agree on starts again. Angel's 2.85 million Guild members pay an average of $13.69 a month, which adds up to more than $460 million a year, and TGCB goes after that same spending with a market cap of under $4 million.
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