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Relativity Changes Coming Fast Today — Sports Division Head And Co-Chief Out;...
UPDATED, Wed. 10:07 AM: A big shake-up at Relativity today, with word coming that the employment of Co-Chief Operating Officer Greg Shamo is also being terminated today and that billionaire Ron Burkle...
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Relativity Bankruptcy: FTI Consulting Charges Nearly $2.5M For A Month’s Work
EXCLUSIVE: FTI Consulting, which was hired by Relativity to help the company sort through its finances and assist it through the Chapter 11 bankruptcy process, has filed its first monthly report to the...
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The ABCs Of Relativity: What Happened In Its Bankruptcy Case, And What’s Next?
EXCLUSIVE: Don’t blame yourself if you’re struggling to figure out where things stand in Relativity Media’s effort to extricate itself from Chapter 11 bankruptcy protection. A lot of important...
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Relativity Bankruptcy: Television Execs Will Stay Aboard After Sale
The management of Relativity Television including Thomas Forman and Andrew Marcus “will continue to serve going forward,” a lawyer for the hedge funds buying the operation told the U.S. Bankruptcy...
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Relativity Television Will Have No Debt As New Owners Plan To Kick In $75M
Relativity Television chief Tom Forman told the U.S. Bankruptcy Court in New York today that he and other senior executives are close to signing new contracts with the hedge funds planning to buy the...
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Matt Alvarez Moves Straight Outta Relativity To Become Broad Green’s In-House...
As Broad Green Pictures continues to evolve into original feature productions, the company has hired Straight Outta Compton producer Matt Alvarez to an exclusive pact that will establish him as an...
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Open Road Acquires U.S. Rights To Eran Creevy’s ‘Collide’
EXCLUSIVE: It’s official. Eran Creevy’s Collide is hitting the Open Road. IM Global and Open Road Films today confirmed what had been expected for some time now, with the distributor acquiring the U.S....
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Relativity Bankruptcy: Funding Deal Runs Into Trouble But TV Sale Is Complete
Relativity Media seemed to solve one problem, but introduced another, this morning in a hearing at U.S. Bankruptcy Court in New York which is weighing its effort to escape from Chapter 11 protection....
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Relativity TV Locks In Tom Forman As CEO Post-Bankruptcy, Andrew Marcus Named...
Relativity’s television operation is emerging from bankruptcy with new owners, new business plan, a soon-to-be-revealed new name and its old leadership and staff. Hours after U.S. Bankruptcy Court...
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Relativity Owes Bankruptcy Team $4.8M+ For 2 Months Of Work
Bankruptcy doesn’t come cheap. Relativity Media racked up $4.58 million in fees for its restructuring team and $251,504 for its expenses for the period from the end of July — when it filed for Chapter...
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Relativity Bankruptcy: Judge Postpones Ruling On “Opaque” Last-Minute Debt Plan
UPDATE with statements from Relativity and Ryan Kavanaugh’s lawyer: U.S. Bankruptcy Court Judge Michael Wiles’ impatience with Relativity Media’s complicated, eleventh-hour filings in the case boiled...
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Relativity Media Clashes With Investor Ahead Of Bankruptcy Hearing
A last minute problem has erupted with Relativity Media CEO Ryan Kavanaugh’s effort to buy control of the studio from its biggest creditors. He’s now battling with VII Peaks Capital, one of the firms...
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Relativity Bankruptcy: Planned Court Showdown Over Financing Deal Fizzles
The scheduled battle at U.S. Bankruptcy Court between Relativity Media CEO Ryan Kavanaugh and investment firm VII Peaks didn’t take place today. But while the matter that was on today’s agenda wasn’t...
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Relativity Takes Back Charges Against Investor As They Work Out Differences
Remember Relativity Media’s blistering attack the other day on VII Peaks Capital? This was the one we ran in full as CEO Ryan Kavanaugh charged the financial services firm with having reneged on an...
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Relativity Bankruptcy: Court Approves DIP Financing Plan
UPDATED with Relativity statement: Relativity Media can continue to tap its $35 million in debtor in possession (DIP) financing, the U.S. Bankruptcy Court ruled today, after the studio dealt with...
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Relativity Is A “Fraud”&“Failure”, Claims Neal Moritz; Wants ‘Hunter Killer’...
Proving once again that it ain't over until it's over, Fast & Furious producer Neal Moritz isn't letting Ryan Kavanaugh's new version of Relativity keep Hunter Killer without a fight. Unloading on...
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Ryan Kavanaugh Deposition Request “A Distracting Sideshow,” Says Relativity
The letters are flying fast and furious this week in Relativity's Chapter 11 case over whether Ryan Kavanaugh should have sat down for a grilling from Neal Moritz’s lawyers. In the latest move in the...
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Relativity & Neal Moritz Strike ‘Hunter Killer’ Deal; Millennium Films On Board
After months of fighting in the courts over the fate of the Gerard Butler thriller, Ryan Kavanaugh and the Fast & Furious producer today have come to a deal – with a little help from their friends....
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Relativity Promises 7-Film Slate In Bankruptcy Reorganization Plan – Update
This is the long-awaited next step in Relativity Media’s effort to emerge from Chapter 11 bankruptcy protection. Today studio presented its reorganization plan (read it here) to the U.S. Bankruptcy...
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Relativity Dates Five Films For 2016 Including ‘Masterminds’&‘Kidnap’
Relativity Studios has announced 2016 release dates for a quintet movies that some thought might never see the inside of a theater – at least under the Chapter 11’d company’s banner. Weeks after the...
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