What Radial Entertainment does

Radial Entertainment is a global, multi-platform content distribution company formed on July 1, 2025, when Oaktree Capital Management merged its existing portfolio company Shout! Studios with FilmRise. The combined entity controls a library of more than 70,000 movies and TV episodes spanning true crime, unscripted, animation, action, horror, classics, and British drama, and operates the FilmRise network of more than 700 free ad-supported streaming TV (FAST) channels and ad-supported streaming apps alongside the Shout! TV direct-to-consumer service. Distribution rights are licensed across every major consumer window — FAST, AVOD, SVOD, TVOD, theatrical, and physical media (4K UHD, Blu-ray, DVD through ShoutFactory/Gruv) — with named platform partners including Tubi, Roku, Pluto TV, Amazon, Plex, Samsung TV Plus, Apple TV, Google Play, Fandango At Home, YouTube, and The CW. The company also develops Radial Originals through co-production partnerships with ITV Studios, AMC Networks International UK, Hello Mary, Blue Ant Studios, Yeti Television, and others.

The business generates revenue through three primary streams: (1) content licensing and distribution fees negotiated with streaming platforms, broadcasters, and digital distributors on a per-title, per-platform, and per-territory basis; (2) advertising revenue from FilmRise's owned-and-operated FAST channels and from Radial-controlled ad inventory across more than 750 distribution endpoints, now consolidated under a dedicated EVP of Global Advertising; and (3) transactional revenue from theatrical releases, TVOD/EST digital rentals and purchases, and physical media sales through ShoutFactory/Gruv. The company serves three primary customer segments: streaming platforms and digital distributors (enterprise buyers of catalog content), broadcasters and TV networks (e.g., The CW, ITV Studios partners), and direct-to-consumer audiences accessing Shout! TV, FilmRise apps, and ShoutFactory.com.

The underlying technology stack combines FilmRise's digital streaming infrastructure (described as a pioneer in digital streaming with distinct monetization across paid, hybrid, and free ad-supported tiers) with Shout! Studios' theatrical, broadcast, and physical-media distribution capabilities. A multi-year enterprise partnership with Parrot Analytics integrates global cross-platform audience demand data into content valuation, programming strategy, and M&A underwriting. The company is actively rolling up content IP via acquisitions (MST3K in January 2026, New Dominion Pictures catalog in March 2026, World's Most Evil Killers in May 2026, plus rights to Conan, Hemlock Grove, The Pond, The Isolate Thief, Medici, and others), and is led by CEO Jeff Shultz (formerly of Paramount+/Pluto TV), with operating leadership drawn from Paramount, Sony, Fremantle, and Lionsgate.

Name

Radial Entertainment

Legal name

Radial Entertainment

Website

https://radialentertainment.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

101–250 employees

Short description

Radial Entertainment is a global content distribution company formed by Oaktree Capital Management through the 2025 merger of FilmRise and Shout! Studios, licensing a 70,000+ title library and operating 700+ FAST channels across SVOD, AVOD, TVOD, theatrical, and physical-media windows.

Ownership category

akta.pro rank

Product category

Content Distribution

NAICS

Motion Picture and Video Distribution (51212), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162)

SIC

Services-Motion Picture & Video Tape Distribution (7822), Services-Allied To Motion Picture Distribution (7829)

akta.pro primary industry

Live TV Streaming (vMVPD/IPTV OTT) (MPACAAAD)

akta.pro secondary industries

Pay-TV / Premium Window Distribution (MPADAJAH), Home Entertainment Distribution (Digital: TVOD/EST) (MPADAJAE), Program Distribution to Stations & Affiliates (Domestic) (MPABAMAC)

Keywords

• Content distribution
• Film licensing
• Streaming platforms
• FAST channels
• Entertainment IP

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Content Licensing and Distribution: Radial licenses its library of 70,000+ movies and TV episodes to streaming platforms (SVOD, AVOD, FAST), broadcasters, and digital distributors globally. Revenue is generated through licensing fees negotiated with platform partners. The company manages and distributes content across multiple windows including theatrical, TVOD, SVOD, AVOD, FAST, and physical media.
2. FAST and AVOD Advertising Revenue: FilmRise operates one of the industry's largest networks of free ad-supported streaming TV (FAST) channels (700+ channels) and AVOD apps. Revenue is generated through advertising sales on these owned-and-operated channels, with Daniel Gagliardi overseeing monetization of Radial-controlled advertising inventory across 750+ distribution endpoints.
3. Theatrical and TVOD Distribution: Shout! Studios distributes films through theatrical release (e.g., Killing Faith, Deathstalker, Hard Boiled 4K re-release) and digital transactional VOD (TVOD/EST) through platforms including Amazon, Apple TV, Google Play, and Fandango At Home, as well as physical media (4K UHD, Blu-ray, DVD) through ShoutFactory/Gruv.
4. Original Content Production: Radial produces and co-produces original programming including true crime series (Fatal Fraud, Murder in Mind, Pushed to Death, Bloodline Detectives), leveraging owned IP and commissioning new content as Radial Originals. Revenue is generated through distribution rights, co-production agreements, and platform licensing of produced content.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

Radial Entertainment licenses its library of 70,000+ movies and TV episodes to streaming platforms, FAST channels, broadcasters, and digital distributors worldwide across every major consumer window (FAST, AVOD, SVOD, TVOD, theatrical, physical media). The company operates 700+ owned-and-operated FAST channels and streaming apps via FilmRise and distributes theatrically and on physical media via Shout! Studios. It also produces original Radial Originals programming and co-produces content with international partners.

Product overview

Radial Entertainment is a global content distribution company formed by Oaktree Capital Management through the merger of Shout! Studios and FilmRise in July 2025. The company operates as a multi-platform entertainment distribution studio with two primary sub-brands: FilmRise (operating 700+ FAST channels and ad-supported streaming apps) and Shout! Studios (specializing in film/TV distribution, theatrical releases, and physical media). Key imprints include Shout! Kids (family animation), Scream Factory (horror), and Hong Kong Cinema Classics. The company also owns the Mystery Science Theater 3000 (MST3K) brand and acquired the New Dominion Pictures catalog including 'The FBI Files' and 'A Haunting.' Content is distributed across FAST channels (Samsung TV Plus, Amazon Prime, Plex, Tubi, Roku, Pluto TV), SVOD, AVOD, TVOD, theatrical, and physical media. The library spans over 70,000 movies and TV episodes.

Differentiator

Problem solved

Functional benefit

Brands

• Shout! Kids: Family animation and live-action entertainment imprint
• Scream Factory
• Hong Kong Cinema Classics
• Gravitas Ventures

Products and services

• FilmRise FAST and AVOD Network FilmRise is a New York-based film and television studio and operator of an industry-leading network of 700+ FAST channels and ad-supported streaming apps, distributing Radial's content library worldwide to digital platforms and consumers.
• Shout! Studios Shout! Studios is a multiplatform media company specializing in film and TV distribution, development, and production, operating theatrical, digital streaming, broadcast licensing, and physical media distribution.
• Shout! TV Shout! TV is a digital entertainment streaming service offering original programming, movies, series, and curated content via apps on Android, Apple TV, Roku, Amazon Fire TV, and web streaming at Shout-TV.com.
• Hard Boiled 4K Re-release Theatrical 4K restoration re-release of the John Woo action classic Hard Boiled, distributed theatrically by Shout! Studios in the U.S. and Canada.
• Fatal Fraud 10-episode true crime series examining financial deception turning into violence and murder. Co-produced with Hello Mary and AMC Networks International UK.
• Murder in Mind True crime series examining psychological drivers that push everyday people to kill. 10-episode co-production with CBS AMC Networks UK Channels Partnership and Blue Ant Studios.
• Case Files: Dark Waters 10-episode true crime anthology series examining murder investigations where perpetrators disposed of victims in bodies of water. Produced in collaboration with Yeti Television, Sphere Abacus, and CBS AMC Networks UK Channels Partnership.
• Hong Kong Fight Club FAST Channel Free ad-supported streaming (FAST) channel showcasing Hong Kong action cinema classics from the 1980s and '90s, featuring works from John Woo, Tsui Hark, and others.
• FilmRise Short-Form on Fire TV Channels Over 2,000 short-form video clips (5-15 minutes) from 14 content creators distributed via Amazon Fire TV Channels, reaching all Fire TV and Echo Show devices in the U.S.
• Scream Factory Imprint of Shout! Studios specializing in genre horror films and television, known for collector's editions of classic horror titles with extensive bonus content and 4K restorations (e.g., Day of the Dead 4K).
• Shout! Kids Imprint of Shout! Studios specializing in family animation and live-action entertainment, distributing content from partners including Studio Ghibli, Aardman Animations, and LAIKA Studios.
• Mystery Science Theater 3000 (MST3K) Acquired cult classic comedy brand where characters watch and riff on cheesy movies. Radial Entertainment acquired full ownership in January 2026, with new episodes produced via Kickstarter.
• Conan TV Series Distribution U.S. distribution rights to Conan O'Brien's Emmy Award-winning late-night talk show series (11 seasons, 2010-2021), distributed across SVOD, AVOD, EST, TVOD, CVOD, and Diginet platforms.
• The FBI Files Long-running investigative true-crime series acquired as part of the New Dominion Pictures catalog, with worldwide rights in perpetuity enabling new episode production.
• A Haunting Ghost story anthology series acquired as part of the New Dominion Pictures catalog with worldwide distribution rights.
• World's Most Evil Killers (Seasons 9 & 10) All 10 seasons of the true crime series World's Most Evil Killers, totaling 200 episodes and 150+ hours of programming, acquired from U.K. indie producer Woodcut Media.
• Hong Kong Cinema Classics Imprint dedicated to remastering and restoring Hong Kong action cinema from the 1980s-90s, featuring works from John Woo, Tsui Hark, and others, with theatrical retrospectives and physical media releases.

Quantifiable outcome

• Over 70,000 movies and TV episodes in library
• +3 more outcomes

Named customers7 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

Feature1 record

Partnerships

19 partnerships are on record, tiered minor and core.

• Hideout PicturesminorChannel Partner/ Reseller/ Distributor · 22 April 2026Radial Entertainment acquired worldwide distribution rights to The Isolate Thief, a Western action thriller from Nashville-based Hideout Pictures starring Sean Bean, Mackenzie Foy, and Odeya Rush. Hideout Pictures previously achieved success with the genre film Old Henry.
• Yeti TelevisionminorStrategic or Co-development Partner · 19 March 2026Yeti Television produced Case Files: Dark Waters, a 10-episode true crime anthology series examining murder investigations where perpetrators disposed of victims in bodies of water. The series was produced in collaboration with Sphere Abacus (Bell Media) and CBS AMC Networks UK Channels Partnership, and distributed by Radial Entertainment on the FilmRise channel.
• Parrot AnalyticscoreTechnology or Integration · 8 March 2026Multi-year enterprise partnership integrating Parrot Analytics' global cross-platform audience demand data into Radial's content valuation, programming, and growth strategy. The partnership enables Radial to price catalogs objectively, optimize distribution strategies, and support disciplined capital allocation for M&A transactions.
• New Dominion PicturescoreStrategic or Co-development Partner · 4 March 2026Radial acquired the complete New Dominion Pictures catalog, adding more than 600 hours of programming including The FBI Files, The New Detectives, A Haunting, FantomWorks, Critical Rescue, and Interpol Investigates. The deal grants worldwide rights in perpetuity, including remake and production rights, enabling Radial to produce new episodes of these franchises.
• Hello MarycoreStrategic or Co-development Partner · 4 February 2026Co-production partnership for Fatal Fraud, a 10-episode true crime series examining financial deception turning into violence. Hello Mary, led by CEO Steve Regan, produced the series alongside Radial Entertainment and AMC Networks International UK, premiering on the FilmRise Channel in the U.S. and Canada on February 16, 2026, and in the UK on March 18, 2026.
• AMC Networks International UK (CBS AMC Networks UK Channels Partnership)coreStrategic or Co-development Partner · 4 February 2026Joint venture between Paramount Global and AMC Networks International UK partnered with Radial Entertainment and Hello Mary on Fatal Fraud. The partnership covers U.K. distribution of the series, aligning with Radial's strategy for premium factual storytelling with international appeal. CBS AMC Networks UK also partners on other productions including Murder in Mind and Pushed to Death.
• ITV StudioscoreChannel Partner/ Reseller/ Distributor · 3 February 2026Expanded longstanding digital distribution partnership covering Snowpiercer (AVOD, FAST, SVOD rights across all four seasons), Hell's Kitchen (seasons 1-23), Kitchen Nightmares (seasons 1-6), new crime dramas (The Gathering, Finders Keepers), Michael Sheen's The Way, and renewal of 2,700+ hours of drama catalog content across the Americas.
• BondIt Media CapitalminorStrategic or Co-development Partner · 2 December 2025Radial Entertainment and BondIt Media Capital acquired exclusive worldwide digital distribution rights in perpetuity to the long-running unscripted series Cheaters under an agreement with Goldstein Pictures Corporation. BondIt also co-produced The Pond with Myriad Pictures and Fella Films.
• Myriad PicturesminorChannel Partner/ Reseller/ Distributor · 10 November 2025Radial acquired U.S. distribution rights to The Pond, a horror thriller from director Jeff Renfroe starring Isabelle Fuhrman, Douglas Smith, and Gil Bellows. The deal covers theatrical, home entertainment rights (digital, VOD, broadcast, linear streaming, and physical media), and ancillary rights for cross-platform releases.
• Conan O'Brien / ConacocoreChannel Partner/ Reseller/ Distributor · 15 October 2025Radial acquired U.S. distribution rights to Conan O'Brien's Emmy Award-winning late-night talk show series Conan (11 seasons, 2010-2021). The deal provides exclusive SVOD, AVOD, EST, TVOD, CVOD, and Diginet rights in the U.S. across all 11 seasons, with distribution across multiple streaming platforms.
• GaumontcoreChannel Partner/ Reseller/ Distributor · 14 October 2025Radial acquired distribution rights to Gaumont's Emmy Award-nominated series Hemlock Grove (3 seasons, 33 episodes). Radial received exclusive AVOD, SVOD, TVOD, FAST, digital linear streaming, and broadcast rights in North America for all three seasons.
• Studio TF1 AmericaminorChannel Partner/ Reseller/ Distributor · 13 October 2025Radial acquired exclusive digital distribution rights to a library of 15 romance and holiday films from Studio TF1 America, targeting Germany, Switzerland, Austria, and Latin America, expanding Radial's content offerings in those territories.
• Sphere Abacus (Bell Media Company)minorStrategic or Co-development Partner · 13 October 2025Sphere Abacus, a Bell Media company, co-produced Case Files: Dark Waters with Yeti Television and CBS AMC Networks UK Channels Partnership. Radial Entertainment distributed the series, which premiered on the FilmRise channel. Sphere Abacus also partnered on Murder in Mind and Millionaire Murders.
• Bruder Releasing Inc (BRI)minorChannel Partner/ Reseller/ Distributor · 13 October 2025Radial expanded its distribution rights for the historical drama series Medici (3 seasons, 24 episodes) to include the U.K., Ireland, and Spain, in addition to existing U.S., Canada, and Caribbean rights. Medici stars Dustin Hoffman and Richard Madden.
• ITV Studios / ITV Studios AmericacoreChannel Partner/ Reseller/ Distributor · 29 September 2025Longstanding distribution partnership spanning Snowpiercer from Tomorrow Studios (ITV Studios partner), Hell's Kitchen (ITV America), and Kitchen Nightmares, expanded in February 2026 to include new crime dramas The Gathering and Finders Keepers, Michael Sheen's The Way, and renewal of 2,700+ hours of drama catalog content.
• Blue Ant Studios / Back 2 Back ProductionsminorStrategic or Co-development Partner · 5 September 2025Co-production partnership for Murder in Mind, a 10-episode true crime series examining psychological drivers behind killers. FilmRise (Radial) co-produced alongside CBS AMC Networks UK Channels Partnership and Blue Ant Studios, with Back 2 Back Productions as the production company. FilmRise holds exclusive North American rights in all media.
• Coming Up Roses / All3Media InternationalminorStrategic or Co-development Partner · 5 September 2025Co-production partnership for Pushed to Death (U.S.) / Fatal Fall: Murder or Accident (U.K.), a 10-episode true crime series about fatal falls. Produced by Coming Up Roses with co-production partners FilmRise, CBS AMC Networks Channels Partnership, and All3Media International for international distribution.
• James Meyer (Former Fremantle)minorOthers · 28 January 2025Radial hired James Meyer from Fremantle as Senior Vice President of International Sales and Distribution to manage its library of over 70,000 movies and episodes and lead international FAST channel expansion.
• Woodcut MediaminorChannel Partner/ Reseller/ DistributorRadial Entertainment acquired all 10 seasons of the true crime series World's Most Evil Killers from U.K. indie producer Woodcut Media. The deal adds 40 new episodes (Seasons 9 and 10), pushing the franchise to 200 episodes. Season 9 is handled by Radial for the U.S. with Keshet International managing worldwide rights; Season 10 goes to Radial for North America with Woodcut International covering other territories.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• MVD Entertainment Group: MVD Entertainment Group is a physical media and digital distribution company with collector-focused releases. Comparable to Radial's ShoutFactory/Gruv physical media operations and Scream Factory imprint.
• Kino Lorber: Kino Lorber is an independent film distribution company with theatrical, home video, and streaming (Kino Now) operations. Comparable to Radial's specialty distribution and physical media businesses, particularly Scream Factory and Hong Kong Cinema Classics.
• A24: A24 is an independent entertainment company specializing in film and television production and distribution. Comparable to Radial's indie distribution model with premium content positioning, though focused on theatrical/awards-driven releases rather than mass-market FAST distribution.
• Bleecker Street: Bleecker Street is an independent film distribution company with theatrical and digital operations. Comparable to Radial's indie film distribution business with similar content positioning.
• Magnolia Pictures: Magnolia Pictures is an independent film distribution subsidiary of the Wagner/Cuban Companies, distributing across theatrical, home video, and digital platforms. Comparable to Radial's multi-window indie distribution capabilities.
• NEON: NEON is an independent film distribution company with theatrical, digital, and international distribution capabilities. Comparable to Radial's Shout! Studios distribution operations with similar indie/arthouse positioning.
• Cineverse: Cineverse (NASDAQ: CNVS) is a publicly traded independent content distributor with significant FAST channel operations and an active M&A strategy (including Vinegar Syndrome, Fandango at Home). Most directly comparable to Radial given similar business model of content aggregation, FAST distribution, and acquisition-driven growth.
• Cohen Media Group: Cohen Media Group is an independent film production, distribution, and exhibition company. Comparable to Radial's distribution and theatrical operations including classic and specialty content.

Broad incumbents

• Lionsgate: Lionsgate (NYSE: LGF.A) is a major independent studio with film/TV distribution, Starz streaming, and a substantial content library. Larger and more diversified than Radial but operates in overlapping distribution channels and competes for similar platform licensing deals.

Market position

Weaknesses5 records

Competitive moat6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/radialent
• LinkedInlinkedin.com/company/radialent
• Instagraminstagram.com/radialent
• TikToktiktok.com/@radialent

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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 Radial Entertainment