Rivulet Entertainment, Inc. (: RIVF)

Rivulet Entertainment, Inc. is an independent studio engaged in the production, distribution, and marketing of star driven commercial feature length films, television series, mini series, and television movies, from initial creative development through principal photography, postproduction, distribution, and ancillary sales. The Company also provides music production. It changed its name from Advanced Voice Recognition Systems, Inc. to Rivulet Entertainment, Inc. effective July 12, 2024 following a merger into its wholly owned subsidiary. On July 7, 2024 it acquired certain wholly owned subsidiaries of Rivulet Media, Inc. in a transaction involving cash and share consideration. The Company is headquartered in Scottsdale, Arizona and has two full time employees supported by consultants and service providers.

The Company generates revenue primarily from domestic and foreign distribution contracts for its film and television productions and music. Additional income comes from ancillary sales such as home entertainment, licensing, and merchandise. Following the acquisition of Rivulet Media subsidiaries, the Company expects to receive initial revenues from the distribution agreements associated with the acquired library and future projects. As of the filing date, the Company had transferred $2.95 million of the purchase price to the former owners of Rivulet Media, Inc., with an outstanding balance of $3.5 million recorded as other current liabilities. The Company reported no research and development expenses for the fiscal years ended June 30, 2025 and 2024.

The global film industry is projected to exceed $182 billion by 2031, with the independent film sector showing strong box office performance and growth driven by streaming platforms and social media marketing. Rivulet Entertainment, Inc. competes as an independent producer within this landscape, focusing on star driven commercial content that targets diverse audiences. Its competitive advantages include an integrated approach from development to distribution, a library of acquired content, and the ability to leverage music production to enhance its offerings. Independent films have achieved success by targeting niche audiences and utilizing social media platforms such as Instagram, Facebook, and TikTok to build buzz and engage viewers. The availability of streaming platforms with superior sound quality has contributed to market growth.

The Company sells its productions to domestic and foreign distributors, including television networks, streaming services, and theatrical exhibitors. It also licenses content to home video and merchandise partners. Specific customer names are not disclosed in the filing, but the typical counterparties include major streaming platforms, cable broadcasters, and regional theater chains. In addition to feature length films, the Company produces television movies and mini series that are distributed through similar channels.