Radial Entertainment Shops for Content Libraries as Pluto TV and Paramount Alum Jeff Shultz Takes Over as CEO

On today’s episode of Variety‘s “Strictly Business” podcast, Radial Entertainment CEO Jeff Shultz explains why he’s shopping for content libraries now that the Pluto TV and Paramount alum has taken the reins of the TV and film venture backed by OakTree Capital Management. Radial was formed last year through OakTree’s combination of FilmRise and Shout Studios.

Shultz joined the company in January after a decade with Paramount and Pluto TV, the Fast channel pioneer. His range of experience, from startups to one of Hollywood’s biggest studios, is coalescing at Radial Entertainment where he sees enormous potential for growth amid the radical disruption across the global content eco-system.

“Radial is the largest independent catalogue of film and television in the industry. So that’s 70,000 films and shows, classic TV, massive factual and reality catalogs, deep film catalogue and then major new films,” Shultz says. “And by…