The move comes as FilmRise is being acquired by funds managed by Oaktree Capital Management. Financial terms of the deal were not disclosed.
“Oaktree is excited to bring together two incredible Film & TV content
distribution companies in FilmRise and Shout!,” Oaktree Special Situations managing director Jared Frandle said in a statement. “We believe combining these companies under the Radial umbrella creates a world-class Film & TV media business. It’s an extraordinary combination that we believe brings the unique scale needed to compete and win in the rapidly evolving landscape of digital entertainment and streaming media.”
Frandle said the firm would continue to seek opportunities to invest and grow its film and TV catalog and is committed to…
