Relativity Media founder Ryan Kavanaugh says he has won back the bulk of his bankrupt studio in an auction for the company's assets. Kavanaugh on Sunday reached a deal with lenders to acquire everything except Relativity's television business, the company said. The deal comes after court filings...
EXCLUSIVE: Relativity Media CEO Ryan Kavanaugh says he has an agreement with a creditor group that could enable him to maintain control of all of his company’s operations except for television. The deal “will create a path for Relativity...Show More Summary
Senior lenders to Relativity Media have agreed to pay $125 million for the troubled studio's television business, according to court documents filed Saturday. The deal could leave the remaining Relativity assets -- including the film unit -- in the hands of its founder and chief executive Ryan...
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 entire company for $250 million and agreed...Show More Summary
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. "Nothing’s sealed, they are still taking," one individual close to the Relativity situation said today. Show More Summary
Supermarket magnate Ron Burkle may have joined Ryan Kavanaugh's last-minute bid for Relativity Media's film assets. But even that probably won't keep Kavanaugh in charge of the bankrupt company he founded, said a prominent Los Angeles investment banker who knows Burkle and has been following the...
Having recently pointed out the surging premiums for physical gold and silver relative to the 'paper' prices spewed forth by the mainstream media, it will likely come as no surprise that, as Reuters reports, "silver [coin] demand is absolutely through the roof," according to the Perth Mint. Show More Summary
The media relations staff for the Philadelphia Eagles made a relatively strong statement this week by omitting the word “Redskins” from the team’s game notes in advance of Philadelphia’s visit to Washington for this weekend’s NFC East tilt. Show More Summary
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 joined in a filing at the U.S. Bankruptcy Court in New York. Show More Summary
Nuzzel, the app that creates a personalised news feed based on what your friends are sharing, has taken another round of investment. We're told the new investment is "relatively small" compared to other San Francisco app investments....Show More Summary
The trouble with 'sustainability' is that for far too long it has been seen in the U.K by the mainstream business media as worthy, but boring. It's a bit like the relative who insists at turning up at the lavish aristocratic wedding in an old, well-loved, suit, despite his lineage. He [...]
EXCLUSIVE: Relativity Media CEO Ryan Kavanaugh is said to be preparing to sue Colbeck Capital for breach of fiduciary duty among other causes for what insiders said will claim that Colbeck (which held seats on the board) met with investors behind the backs of the Relativity board about an alternate plan of sale of the company. Show More Summary
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 what financial information shouldShow More Summary
Online media companies are eager to distance themselves from ad fraud, and to use the relative lack of fraud on their sites to help differentiate their ad offerings in the market.
Embattled Relativity Media is looking to sell the chase movie Collide to IM Global for $200,000 and additional possible payments of up to $630,000 in exchange for IMG dropping objections to Relativity’s bankruptcy plan. Papers were filed Saturay in Federal Bankruptcy Court in New York. Show More Summary
Guest essay by Eric Worrall Forbes reports that, according to Google search statistics, the world’s media climate blitz has failed to date to spark any interest in global warming. According to Forbes; The graph above shows relative web search interest in the two terms, demonstrating that interest in global warming decreased substantially in mid-2010 and…
Ryan Kavanaugh may have been one of the most outspoken figures in the film industry, but potential bidders for his company have been conspicuously quiet.
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...Show More Summary
In July 2014, we told you about Bob Thunder: Internet Assassin, a feature film born from a collaboration between Relativity Media’s digital wing, online video platform FilmOn, and creator Joe Nation. The film follows Nation’s Bob Thunder...Show More Summary
Maybe they should just scrap this remake of The Crow. They've gone through numerous actors and directors and the studio, Relativity Media, has gone bankrupt. Relativity is about to be sold and producer Edward R Pressman filed an objection to the inclusion of the project among the studio’s assets as it prepares for the sale. Show More Summary