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Radial Entertainment Cuts 14% Staff Post-Merger

10/15/2025

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Summary

Story summary

Radial Entertainment Group announced layoffs as part of a company-wide integration after the merger of Shout! Studios and FilmRise.
The merger was completed last summer and backed by Oaktree Capital Management, which acquired Shout! Studios and FilmRise.
Garson Foos, Chief Executive Officer of Radial Entertainment Group, and Danny Fisher, Executive Chairman of Radial Entertainment Group, will lead the new entity.
About 14% of staff across departments were laid off.

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Story summary

Radial Entertainment Group announced layoffs as part of a company-wide integration after the merger of Shout! Studios and FilmRise.
The merger was completed last summer and backed by Oaktree Capital Management, which acquired Shout! Studios and FilmRise.
Garson Foos, Chief Executive Officer of Radial Entertainment Group, and Danny Fisher, Executive Chairman of Radial Entertainment Group, will lead the new entity.
About 14% of staff across departments were laid off.