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2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009

3 items from 2016


Post-Bankruptcy, Relativity Seems Stuck in Limbo

11 July 2016 5:50 PM, PDT | Variety - Film News | See recent Variety - Film News news »

Not long before Ryan Kavanaugh’s Relativity Media won its release from bankruptcy in April, the ebullient CEO said he would now be leading a “well-capitalized media company that is well positioned for growth and success.” His financial adviser, from the firm of Houlihan Lokey, predicted the reborn Relativity would attract a “feeding frenzy” of new investment.

Kavanaugh’s company did shed a mountain of debt, and many employees, during its eight months under Chapter 11 protection. But today, the Beverly Hills-based entertainment concern finds itself with many of the same challenges that dogged it even before it was forced to seek bankruptcy protection a year ago. It’s still struggling to attract new investment and now has released its grip on a pair of key film distribution deals.

Relativity needed senior creditors to agree at the end of June to extend the date for the company to make a $30 million debt payment, »

- James Rainey

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Post-Bankruptcy Relativity Sets ‘Masterminds,’ Other Release Dates

17 May 2016 3:10 PM, PDT | Variety - Film News | See recent Variety - Film News news »

Relativity Studios, newly emerged from bankruptcy, announced that it will release four films during the remainder of 2016, the first movies to come out of the company since in slipped into Chapter 11 protection last July.

The company founded by Ryan Kavanaugh said that “Before I Wake,” a horror film starring Kate Bosworth, will debut Sept. 9. The movie was directed by Mike Flanagan and also stars Jacob Tremblay, Thomas Jane and Annabeth Gish. It had previously been set for release on Oct. 16, according to a declaration filed with the bankruptcy court.

Next up, the company slated “Masterminds,” a crime comedy starring Zach Galifianakis, Kristen Wiig, Owen Wilson and Jason Sudeikis, for Sept 30. Jared Hess directed the movie, which was produced by Lorne Michaels (“Baby Mama,”  “Mean Girls”) and John Goldwyn (“The Guilt Trip,” “The Secret Life of Walter Mitty.”) The company had previously set a Sept. 16 lunch.

The studio chose Nov. 18 for »

- James Rainey

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Halle Berry In Talks To Star In ‘Kingsman 2’

10 March 2016 3:14 PM, PST | Deadline | See recent Deadline news »

Exclusive: Halle Berry is in talks to join Kingsman 2, the Matthew Vaughn-directed sequel to the 2015 hit that launched Taron Egerton and grossed over $415 million globally for Fox. Berry is in talks to play the head of the CIA, and the discussion is for a two-picture deal, I’m told. This returns Berry to the Fox fold, where she played Storm in four X-Men films. Berry most recently starred in the Luis Prieto-directed thriller Kidnap, which is scheduled for May release by… »

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2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009

3 items from 2016


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