The eclectic company will place part of its businesses in bankruptcy protection, where the possible buyers will include the company’s flamboyant founder, Ryan Kavanaugh.
CHICAGO — For the defending national champions, Ohio State was supposed to have a relatively quiet Big Ten media days. Key words: supposed to. Sure the Buckeyes are currently sitting atop the college football world, but with Michigan's...Show More Summary
Ryan Kavanaugh is a billionaire no longer: Relativity Media, which made up the bulk of his net worth, filed for Chapter 11 bankruptcy today, according to a statement released moments ago. The company reportedly couldn't come up with the cash to pay off debts of at least $320 million.
Still plans to release Masterminds and Kidnap The post Relativity Media Declares Chapter 11 Bankruptcy appeared first on ComingSoon.net.
Relativity Media has filed for Chapter 11 bankruptcy, but the company still plans to start shooting 'The Crow' remake this fall.
Relativity Media is set to declare bankruptcy today unless they find $320m hiding in the couch cushions. The future is uncertain for these films.
Relativity Media, the struggling film and television studio founded 11 years ago by media mogul Ryan Kavanaugh, has filed for Chapter 11 bankruptcy protection and is looking for a buyer.
Entertainment entrepreneur Ryan Kavanaugh, the financial whiz who piloted his own helicopter and sought to rewrite the Hollywood rules of engagement, has been grounded.
EXCLUSIVE: Thanks to some persuasion by famed attorney and the film’s principal financier David Boies, Jane Got A Gun has just been extricated from Relativity Media ahead of an expected Chapter 11 filing tomorrow. Boies, the attorney...Show More Summary
Shoring up his own financial house, Ryan Kavanaugh, the founder of financially troubled film studio Relativity Media, has sold the beachfront retreat in Malibu he owned through a trust for $8.75 million.
Relativity Media, the beleaguered movie and television studio run by Ryan Kavanaugh, is cutting a fifth of its staff, the Beverly Hills company confirmed Wednesday.
Ryan Kavanaugh's beleaguered entertainment company, Relativity Media, is cutting roughly 50 workers as the 11-year-old studio nears a possible bankruptcy filing, according to people with knowledge of the matter.
It appears that the financially strapped Relativity Media has hit some critical, existentance-threatening roadblocks. After quickly becoming a major producer and distributor of some of the most prominent films in recent years, the 11-year-old company faces bankruptcy. Show More Summary
Still from Ixian Gate, courtesy of the artists Is virtual reality the future of media? Facebook seems to thinks so, spending two billion dollars last year to acquire Oculus Rift, a relatively untested virtual reality platform. ReadyShow More Summary
Donald Trump is obliterating the other not-Jeb Bush candidates in the GOP presidential field, both in the polls and media coverage. While Trump is not a serious contender for the nomination, he is pointing out the relative weakness — or lack of distinguishing features — of the serious alternatives to Jeb Bush. Consider that in […]
China’s media authority, SAPPRFT, has been relatively quiet during the past blackout month at the box office, but piped up over the weekend to tout the monster returns of smash hit Monster Hunt. The CGI/live-action fantasy adventureShow More Summary
Relativity Media’s troubles continue to mount and the company struggles financially to make ends meet. CEO Ryan Kavanaugh has not only just been sued but now Deadline is hearing other news about Catalyst Capital — that it has sold off a significant portion of their purchase of their loan-term interest to a group of hedge fund managers. Show More Summary
Robbie Rodgers has remained relatively quiet in the media since he came out as gay in 2010. His main focus was becoming the best player he could be, and that strategy has been paying off. He’s now excelling as a left-back for the LA Galaxy, and that means he’ll be in a unique position in […]
EXCLUSIVE: Just days after Relativity Media pushed the release date of its comedy Masterminds for the third time (it’s now on October 9), we hear that the company yesterday missed their extension deadline that they were given by investors. Show More Summary
Another aging American movie star disses his younger compatriots: “In Britain they take their training seriously while in the States we’re going through a sort of social media image conscious thing rather than formal training. … With the Aussies, particularly with the males it’s the masculinity. In the US we have this relatively asexual or […]