December 25, 2024

Programmatic

In a world where nearly everyone is always online, there is no offline.

Rialto announces international venture

Watching indie films just got easier thanks to New Zealand’s Rialto Channel and media entrepreneur Bruce Tuchman launching Rialto International, a 50-50 joint venture bringing Rialto branded streaming, SVOD, AVOD and linear television services of premium indie content to markets around the world.

New York-based Tuchman is the former President of Sundance Channel Global, AMC Global and MGM Worldwide Networks.

The parties made the announcement on the heels of their first rollout, which extends Rialto’s reach to Australia after striking an AVOD service pact with Samsung TV Plus.

Tuchman says: “The sheer number of available independent titles and the prolific pace at which they continue to be produced will provide pay TV and streaming platforms with sorely needed content, even more so as the supply of major studio releases has dwindled in this age of Covid.

“While the supply and demand grows, you have few indie-specific channels and service providers. Rialto International will aggressively fill this void.”

Tuchman added that Rialto Channel, which has a 20-year history specialising in the indie space, is a perfect brand to take global since it will appeal to indie-loving audiences worldwide.

Roger Wyllie, CEO of Rialto Channel and Co-Chairman of Rialto International, says: “We couldn’t ask for a better partner than Bruce. He’s highly-regarded in the international media community and has made a career of launching channels and taking entertainment brands global.

“I don’t know anyone who has launched more networks than Bruce as he has been behind the global rollout of channels from MGM, Nickelodeon, AMC and Sundance, reaching over 130 countries and territories around the world.”

Rialto International’s linear and on-demand services will specialise in carefully curated programming of distinguished independent films, documentaries and television series available across all platforms, including linear, streaming, and on-demand services.

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