The newly formed Radial Entertainment Group has seen layoffs following the merger of Shout Studios and FilmRise as part of what the company called a “company-wide integration effort to identify redundancies and streamline operations, re-positioning Radial for long-term growth.”

“Any associated reduction in workforce is a result of a thorough evaluation of our current business today, while preparing to support our go-forward strategic roadmap. We are deeply grateful for the dedication and contributions of our departing colleagues and wish them every success ahead,” the company said.

Radial came together last summer when Los Angeles-based Oaktree Capital Management followed up its 2023 acquisition of Shout! Studios with a deal for FilmRise , a leading indie distributor of digi

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