What Electric Entertainment does

Electric Entertainment is an independent, privately-held film and television production and distribution company founded by Dean Devlin in 2000 (firmographics lists 2013) and headquartered in Los Angeles, with additional production operations in New Orleans (Electric Studios NOLA) and Belgrade, Serbia. The company operates a vertically-integrated "own-and-distribute" model in which it develops and produces original scripted series and feature films while retaining IP ownership and licensing rights for global distribution. Its current production slate includes The Ark (SYFY, now in season 3), The Librarians franchise including The Librarians: The Next Chapter (TNT), Leverage: Redemption (Prime Video), and Almost Paradise (Freevee), alongside ongoing feature film acquisitions such as All There Is, O Horizon, and The Draw.

The company's technology stack centers on ElectricNOW, a proprietary AVOD/FAST streaming platform distributed across 20+ consumer platforms including Roku, Samsung TV+, Amazon Prime Video, Apple TV, Google TV, Vizio, Peacock, Tubi, and Pluto TV, with a Spanish-language counterpart ElectricNOW en Español for Hispanic audiences. ElectricNOW Originals produces first-party original content exclusive to the platform, and the FASTrack analytics system — built on partnerships with Amagi and Whip Media — aggregates cross-platform content performance data. Third-party AI tools (Topaz Video AI) are deployed for video upscaling.

Electric Entertainment's revenue model combines four streams: production services for networks and streamers (professional services), licensing of owned IP across multi-territory broadcast and digital rights (licensing/royalties), advertising revenue from ElectricNOW's AVOD/FAST distribution (advertising), and IP-backed content financing (transaction fees). Capital is sourced through debt facilities rather than equity — $100 million from Bank of America in 2022 and $20 million from Content Partners Capital in 2025 — leveraging the content library as collateral. Customers include a concentrated set of major US broadcast and streaming buyers (Amazon, Syfy, TNT, NBCUniversal, Netflix) and international broadcasters across 20+ countries in Europe, Asia Pacific, and Latin America.

Name

Electric Entertainment

Legal name

ELECTRIC ENTERTAINMENT INC.

Website

https://electricentertainment.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Electric Entertainment is an independent, vertically-integrated film and TV production and distribution company that owns IP across franchises like The Librarians, Leverage: Redemption, and The Ark, and distributes them globally via its proprietary ElectricNOW AVOD/FAST platform and major network partners.

Ownership category

akta.pro rank

Product category

Film and Television Production & Distribution

NAICS

Motion Picture and Video Distribution (51212), Motion Picture and Sound Recording Industries (512)

SIC

Services-Motion Picture & Video Tape Distribution (7822)

akta.pro primary industry

General Entertainment AVOD Platforms (MPACAAAB)

akta.pro secondary industry

Co-Production & Distribution Partnerships (Pre-Sales, Output Deals) (MPABANAI)

Keywords

• Film production services
• Television production
• Content distribution
• Streaming platform
• Media production

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Production Services: Television and film production services for networks and streaming platforms, creating original content under owned IP or for-hire arrangements
2. Content Licensing: Licensing of owned IP and content library to TV networks, streaming platforms, and international broadcasters across multiple territories
3. Streaming/AVOD: ElectricNOW platform generates advertising revenue through AVOD and FAST channel distribution with 20+ platform partnerships
4. Content Financing: Leveraging IP ownership and content library as collateral to secure financing arrangements with financial partners

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Electric Entertainment develops, produces, and globally distributes original film and television content, retaining ownership of intellectual property across its content library. The company operates the proprietary ElectricNOW AVOD/FAST streaming platform, distributes through domestic and international broadcast and streaming partners, and runs a full-service production studio (Electric Studios NOLA) in New Orleans. Revenue is generated through production services, content licensing, AVOD/FAST advertising, and IP-backed content financing.

Product overview

Electric Entertainment is a Los Angeles-based independent studio and production and distribution company founded in 2000 by Dean Devlin. The company operates a multi-platform business combining film and television production, global distribution, and streaming. On the production side, Electric develops and produces original TV series including The Ark (SYFY), The Librarians franchise (including The Librarians: The Next Chapter on TNT), Leverage: Redemption (Prime Video), and Almost Paradise (Freevee). For distribution, the company acquires and distributes feature films globally, including North American rights to films like All There Is, O Horizon, Long December, and One Big Happy Family. The company's proprietary streaming operations center on ElectricNOW and ElectricNOW en Español, which are AVOD/FAST platforms offering the company's library content alongside original programming. ElectricNOW Originals produces original scripted series exclusively for the platform, including The Poly Couple and Sloane and The Cosmic Schlep. The company also operates a full-service production studio in New Orleans (Electric Studios NOLA) and maintains international distribution teams covering Latin America, Brazil, and Portugal.

Differentiator

Problem solved

Functional benefit

Brands

• ElectricNOW: Premium OTT app and FAST channel featuring Electric Entertainment's produced content including Leverage, The Librarians, The Ark, Almost Paradise, and The Outpost, as well as acquired programming.
• ElectricNOW Originals

Products and services

• ElectricNOW ElectricNOW is a premium AVOD and FAST (Free Ad-supported Streaming TV) streaming app and channel operated by Electric Entertainment, featuring company-produced content such as Leverage, The Librarians, Almost Paradise, and The Outpost alongside acquired programming. The platform offers original programming, bonus feature content, a program guide, video-on-demand, and pay-per-view components, distributed across more than 20 platforms including Roku, Samsung TV+, Amazon Prime Video, Fubo, and Sling TV.
• ElectricNOW en Español

Quantifiable outcome

• Saturn Awards viewership doubled on ElectricNOW platform
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature2 records

Partnerships

Three partnerships are on record, tiered minor.

• RTL NetherlandsminorChannel Partner/ Reseller/ Distributor · 1 January 2023'The Librarians' content licensing deal for Dutch broadcast, representing international distribution expansion into the Netherlands market.
• Ionic StudiosminorChannel Partner/ Reseller/ Distributor · 1 January 2022Connected TV (CTV) partnership for content distribution and platform integration, expanding ElectricNOW's reach in the CTV ecosystem.
• MOD Fan OfficialminorGTM or Marketing Partner · 1 January 2022Fan licensing initiative partnership for community engagement and fan-driven content promotion, leveraging dedicated fan communities.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Lionsgate: Independent film and television studio with integrated production, distribution, and Starz streaming platform. Closest structural analog to Electric with owned-IP library, multi-territory distribution, and direct-to-consumer ambitions at similar indie scale.
• A24: Independent film and television production/distribution company focused on premium content with strong IP and brand identity. Comparable owner-controlled distribution model and direct relationships with streamers.
• Skydance Media: Independent film and TV production company with global distribution partnerships and genre-heavy slate. Comparable in producing premium scripted content licensed across networks and streamers, though at larger scale.
• Legendary Entertainment: Independent film and TV studio producing genre/sci-fi content distributed globally. Comparable in owning franchise IP, securing network/streamer licensing deals, and operating internationally financed content.
• FilmRise: Independent film and TV distributor operating FAST channels and AVOD platforms across CTV. Direct competitor in the FAST/AVOD distribution space and in acquiring North American rights to independent films like Electric.
• STX Entertainment: Independent film and TV production/distribution company with comparable owner-controlled library and multi-platform distribution strategy, including AVOD channels.
• Boat Rocker Media: Independent production and distribution company owning IP across scripted and unscripted content with international sales. Comparable indie studio model with multi-territory distribution and owned library.
• Cineflix Media: Independent international production and distribution company with a sizable content library and global sales infrastructure. Comparable in operating multi-territory rights and licensing to broadcasters worldwide.
• Chicken Soup for the Soul Entertainment: Operator of Crackle and other FAST/AVOD platforms with an owned content library. Direct comparable for the ElectricNOW model — independent studio leveraging FAST channels as primary distribution window.

Broad incumbents

• Gaumont: Long-established international film and TV production/distribution company with global sales network. Comparable in operating multi-territory distribution and producing premium scripted content, though at significantly larger scale and as a broader incumbent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ElectricEnt1
• LinkedInlinkedin.com/company/electric-entertainment-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Electric Entertainment