Only three or four entities made offers today for Relativity Media’s television division — considered the company’s strongest asset — but the bids are modest, according to a person with first hand knowledge of the studio’s bankruptcy process.
Today was the deadline for bids to take the studio out of Chapter 11 bankruptcy protection, Yet “nobody has come close” to a $250 million offer for the entire company from creditors informally known as Stalking Horse Bidders, the…![]()
