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Joe Nicholas Said To Be Stepping Down As Co-CEO Of Relativity Media As Company Goes Up For Sale

EXCLUSIVE: Joe Nicholas, Relativity Media’s financial backer from Chicago who helped the struggling company out of bankruptcy by pumping millions into it, is said to have stepped down as its co-CEO. A person close to the company said the change happened on Friday; we will update with more information as we receive it. Nicholas shared the title with Ryan Kavanaugh, the long embattled executive who has been struggling to keep the company on its feet.
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