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Relativity Sports Throws Flag On Parent Company
As the clock ticks down toward Relativity Media’s bankruptcy sale, its sports agency unit is putting on its game face. Relativity Sports has filed court papers griping about its parent company keeping...
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Relativity Bankruptcy: MPTF Fears Charity Pledge Will Be Forgotten In Sale
Add the Motion Picture and Television Fund’s MPTF Foundation charity to the list of entities asking the U.S. Bankruptcy Court to make sure it isn’t stiffed if Relativity Media emerges from bankruptcy...
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Relativity Bankruptcy: Viacom, HBO, A&E, And Brett Ratner Want Protection In...
Looks like every major producer that’s worked with Relativity Media has a motion at the U.S. Bankruptcy Court to reserve their right to object if they don’t like the outcome of a planned auction....
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Relativity Sale Hit With Objection By ‘The Crow’ Production & Ed Pressman...
The Edward R. Pressman Film Corp. is vigorously objecting to the assignment of The Crow inside the Relativity bankruptcy, saying that “adequate assurance of future performance” has not been...
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Relativity Bankruptcy: Trustee Objects To Revised Key Employee Payment Plan
The U.S. Trustee in the Relativity bankruptcy case, William Harrington, is still unimpressed with the studio’s plan to pay key employees and others bonuses tied to their efforts to improve its sale...
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Relativity CEO Ryan Kavanaugh Deposition Could Come By Month’s End As...
Relativity CEO Ryan Kavanaugh is scheduled to be deposed by month’s end in his company’s bankruptcy case. A September 29 date set for him to sit before lawyers in Los Angeles while the term loan...
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Relativity Bankruptcy: Netflix Says A Sale Could Jeopardize Its Streaming Rights
Netflix has joined the crowd of companies that do business with Relativity Media, and reserves the right to object to a sale to escape Chapter 11 bankruptcy protection. A group of creditors referred to...
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Relativity Bankruptcy: Modest Offers For TV, And No Bid Overtakes Stalking Horse
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...
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Relativity Resolves Key Employee Payment Dispute At Bankruptcy Hearing
Relativity Media had largely resolved the U.S. Trustee’s objections to its payment plans for key employees in a negotiation it told the U.S. Bankruptcy Court this morning. The only dispute today was...
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Relativity CEO Drawing Up Mega-Lawsuit Against Colbeck Capital As Bid...
EXCLUSIVE: Relativity Media CEO Ryan Kavanaugh is said to be preparing to sue key lender Colbeck Capital for breach of fiduciary duty among other causes, for what insiders said will claim that Colbeck...
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Ryan Kavanaugh Scrambling To Make Last-Minute Bid For Relativity
EXCLUSIVE: Relativity’s CEO Ryan Kavanaugh is still trying to pull together a group of investors to make a last-ditch offer for the company, but he is dealing in valuations that are high, those with...
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Luc Besson’s EuropaCorp Wants Relativity To Pay Up For (Redacted)
With the deadline for bids on Relativity having passed, it looks like another business partner of the Ryan Kavanaugh-led company has a problem with what's going to happen next and who will own the...
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Relativity Bankruptcy: ‘Limitless’ Team & Fox Say They May Challenge A Sale
The parade grows longer of entities that say they may object to terms of Relativity Media’s planned sale to escape Chapter 11 bankruptcy. Today, Limitless writer Leslie Dixon and producer Scott Kroopf...
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Ryan Kavanaugh’s Relativity Bid Not Solid; “Nothing’s Sealed,” Source Says
A not entirely unexpected eleventh-hour move by Ryan Kavanaugh to snag part of his own Chapter 11 company Relativity Media is far from a done deal, sources say. In fact, it might be going nowhere....
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Relativity Surprise: Stalking Horse To Pay $125M For TV Business
This is a twist in Relativity Media’s bankruptcy saga: In the auction that took place on Thursday and Friday the group of creditors known as Stalking Horse Bidders withdrew their offer to buy the...
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Relativity Bankruptcy: Ryan Kavanaugh Says He Has A Plan To Keep Control Of...
EXCLUSIVE: Relativity Media CEO Ryan Kavanaugh says today that he and some financial backers have amassed the resources needed to maintain control of all of his company’s operations except for...
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Relativity Tells Court It Will Have To Liquidate TV Unit If Sale Is Rejected
EXCLUSIVE: Some 63 entities signed non-disclosure agreements enabling them to see Relativity Media’s books ahead of last week’s auction, and management held meetings with 10 of them. But despite an...
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Relativity Bankruptcy: Court Says It Needs More Time To Weigh Deal Terms
The Relativity Media bankruptcy sale isn’t done yet. U.S. Bankruptcy Court Judge Michael Wiles scheduled a hearing for tomorrow after telling the company that he and others involved, including many...
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Tucker Tooley Leaving As Relativity President For “Creative Side” Of Business
Relativity Studios president Tucker Tooley has chosen to step down from the company, following a 30-day transition period. The announcement was made jointly by Tooley and Relativity chairman and CEO...
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Relativity Bankruptcy: Judge Approves Sale Of TV Assets To Stalking Horse
U.S. Bankruptcy Court Judge Michael Wiles today approved Relativity’s agreement to sell its TV operations to a group of creditors, leaving film and other assets under CEO Ryan Kavanaugh’s control — at...
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