New distribution company Radiance Films was formed by industry veteran Francesco Simeoni and this month inked distribution deals with MVD Entertainment Group for North America and with Elevation Sales for the United Kingdom and Ireland. The label will focus on prestige library titles for collector's edition releases on Blu-ray 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. Simeoni, who left Arrow Films recently after twelve years, will be acting as Managing Director. Simeoni was Director of Content at Arrow and oversaw the company's large slate of releases in multiple territories, including beloved classics like Robocop and Bicycle Thieves. Simeoni commented, "I am thrilled to be undertaking this new venture and believe there is a large opportunity for a nimble and innovative distributor in the library s...