Entertainment

Radial Entertainment Shops for Content Libraries: Strictly Business

Radial Entertainment CEO Jeff Shultz recently appeared on Variety‘s “Strictly Business” podcast to discuss the company’s plans to acquire content libraries in light of his new leadership role. Shultz, who previously held positions at Pluto TV and Paramount, brings a wealth of experience to Radial Entertainment, which was formed last year through OakTree Capital Management’s merger of FilmRise and Shout Studios.

During the podcast, Shultz emphasized the potential for growth in the ever-evolving global content landscape. He highlighted Radial Entertainment as the largest independent catalogue of film and television in the industry, boasting a collection of 70,000 films and shows that span across various genres. Shultz pointed out that Radial operates as a truly independent player with integrated distribution capabilities, reaching audiences through a diverse range of platforms including AVOD, VOD, broadcast, cable, transactional, and even physical and theatrical channels. Additionally, Radial manages a portfolio of hundreds of FAST channels, generating billions of streaming hours annually.

One key aspect of Radial’s success is its partnership with OakTree, a leading alternative asset manager with over $200 billion in assets under management. This strategic partnership provides Radial with integrated capital to support its growth initiatives and expand its presence in the industry.

“Strictly Business” is a weekly podcast by Variety that features conversations with industry leaders discussing the business of media and entertainment. Listeners can subscribe to the free newsletter to receive updates on new episodes, which are released every Wednesday on platforms such as Apple Podcasts, Amazon Music, Spotify, Google Play, and SoundCloud.

Overall, Jeff Shultz’s vision for Radial Entertainment involves leveraging its vast content library and distribution capabilities to capitalize on the changing dynamics of the entertainment industry. With a focus on innovation and strategic partnerships, Radial is poised for continued success in the evolving media landscape.

To stay updated on the latest developments in the business of media and entertainment, be sure to tune in to “Strictly Business” and subscribe to Variety‘s newsletter for exclusive insights and interviews with industry insiders.

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