Newly formed Radiance Films has signed a North American distribution agreement with MVD Entertainment Group, the companies announced July 19.
The company, formed by industry veteran Francesco Simeoni, also inked a distribution agreement for the United Kingdom and Ireland with Elevation Sales.
The new label will focus on library titles for collector’s edition releases, both on Blu-ray Disc and digital. The label will aim to release 30 titles per year including new restorations and theatrical reissues for select titles.
Radiance is in discussion with multiple licensors about launch titles.
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Simeoni, who recently left Arrow Films after 12 years, assumes the title of managing director. At Arrow, he was director of content, a role in which he oversaw the company’s large slate of releases — including such classics as Robocop and Bicycle Thieves — in multiple territories.