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Relativity Media is in the midst of disruptive financial problems, but several of the most popular TV properties to come from the shop will continue to air, according to people familiar with the programs.
“We will continue to move forward with a robust production slate of scripted and non-scripted shows during the reorganization process,” Ryan Kavanaugh, the entrepreneur who is chief executive of the beleaguered production house, said in a letter posted on the company’s website. “In our television business, ‘Limitless,’ which is based on the Relativity movie starring Bradley Cooper, is slated to debut on CBS’ primetime lineup this fall. And we continue to leverage our MTV ratings hit ‘Catfish’ by developing a number of international versions of the show, as well a planned sequel called ‘Truce,’ which is currently in production.”
This may be the one bright spot in a process that could see Relativity pushed toward auction. »
- Brian Steinberg
Relativity Media — the digital-age entertainment company that claimed clever financing and data analysis could help it unlock the secret to box office riches — filed for bankruptcy protection Thursday against a swarm of disgruntled investors and other creditors. The 11-year-old company that founder Ryan Kavanaugh had styled as a “next-generation global media company” will be sold at auction, a statement from the company said.
The upcoming sale will center on the enterprise’s film and television units. Left outside of the insolvency action are Relativity Sports; Relativity EuropaCorp Distribution, a joint venture with the European film operator; and Relativity Education. All those units will continue on as independent concerns. The company’s fashion operation, M3/Relativity, was shut down this week and its employees laid off Wednesday as part of a pinkslipping of 75 employees.
Kavanaugh and his board proposed the immediate auction of the company, which stated liabilities of up to $1 billion, »
- James Rainey and Brent Lang
Kavanaugh bought the home through a trust six years ago for $7 million. The beachfront property, built in 1955, includes four bedrooms, four bathrooms, a deck and a patio with ocean views. The home is 3,087 sq. feet.
On Wednesday, Relativity laid off 75 employees in the face of looming Chapter 11 bankruptcy. The divisions hit hardest were said to be Relativity’s ancillary fashion, education and digital units.
Kavanaugh, producer of such film and TV shows such as Bradley Cooper’s “Limitless” and MTV’s “Catfish,” has been desperately trying to find new investors or loans to fill a $320 million debt obligation.
According to the L.A. Times, his Malibu estate was up for lease at the end of May at a rate of $65,000 for one month.
The same trust Kavanaugh used to buy the estate controls a »
- Marianne Zumberge
Celebrities...they really are just like us! When it comes to finding "the one," even Grammy-nominated artists need some help with their love lives. Add in the perils of online dating, and things can seem pretty impossible! That's why Catfish is here to help. In tonight's intense episode, "Prophet and Trinity," Nappy Roots member Prophet seeks out Nev Schulman and Max Joseph's help because in the midst of launching his rap career comeback, he's met someone...online. And like the rest of the world, whether they're famous or not, he isn't sure if the person he's talking to online is who she says she is. According to "Trinity," she is a model, and she has »
We know him as the master puzzle-maker, his New York Times byline synonymous with imminent frustration. But away from the newsprint grid, Will Shortz moonlights as a devoted ping-pong player and the founder of the Westchester Table Tennis Center. After being told by a neuroscientist a few years ago that ping-pong has more cognitive benefits than even crossword puzzles, Shortz decided to intensify his commitment to the game: He set out to play it for 1,000 days straight.On Tuesday night, a crowd gathered at the Wttc to celebrate the completion of that goal. To commemorate the occasion, the filmmakers Ariel Schulman and Henry Joost (the team behind Catfish and Paranormal Activity 3 and 4), screened their new short film about Shortz’s nearly three-year table tennis marathon. Under the filmmakers’ guidance, Shortz shot all the footage himself, using four basic camera angles to document his efforts in cities as far afield »
- Casey Schwartz
If you’re a super fan of MTV’s hit show Catfish, then you are aware of the attention that host and executive producer of the show Nev Schulman’s chest receives. It’s not along the lines of anything Magic Mike Xxl — think more along the lines of “Chia Pet.” If you haven’t figured it out by now, I’m talking about the crazy amount of chest hair that Schulman has. Enough that it has become a celebrity in its own right, with a Twitter following of over three thousand under the account name @NevsChestHairs. Sadly some chest hair has way more followers than I have on … Continue reading →
- Amanda Watter
Want to keep up with all the great new content arriving on Netflix? Then you're in luck, as we'll be bringing you a round-up of the best TV shows, films, documentaries and stand-up arriving on Netflix UK every week.
Here are the latest additions to Netflix over the coming week:
The film is renowned for its shocking twists, and went on to inspire a spinoff reality TV series. Watch Catfish from May 20.
This Brad Pitt-starring action film takes the zombie genre to a new level with epically huge swarms of the undead threatening to consume the entire world.
Arriving on Netflix on May 21, the movie follows a former Un investigator who is called upon to research a solution to the zombie pandemic. But »
Glenn will play the worried best friend of a high school senior (Roberts) who finds herself in an online game of truth or dare.
The game involves being watched by an anonymous group of people and soon escalates out of the senior's control.
Glenn appears as naive prison inmate Brook Soso in Orange is the New Black, which returns for a third season on June 12 on Netflix. »
Relativity Media has secured a round of fresh financing from VII Peaks Capital ahead of its long-planned Ipo, sources confirm.
Ryan Kavanaugh’s film and television studio is getting an injection of $250 million in funding from the San Francisco investment management firm, which isn’t a usual source of finance for Hollywood.
The deal follows months in which Relativity made the rounds with hedge funds and investors amid what sources described as a cash crunch at the company. A source close to the company disputed that characterization and said the equity investment was sought as a means of strengthening its balance sheet in preparation for an Ipo sometime in 2016.
“We have executed a deal which will bring significant equity into Relativity ahead of a planned Ipo. Relativity is in a better position as a diversified global media company than ever, and it remains under Ryan’s leadership,” said VII Peaks »
- Variety Staff
It feels so good! After five episodes apart, Max Joseph and Nev Schulman are finally reuniting on Catfish's April 1 episode. (Cue the slow-mo run-and-hug!) But before we watch the Internet detectives meet again in a tearful embrace (just projecting, but that's 100 percent what we want to see), let's examine how each of the five guest hosts fared in Joseph's place. Joseph took a Catfish hiatus during the first half of season 5 to direct his feature film debut, We Are Your Friends (starring Zac Efron!). [...] »
While most of Teen Wolf‘s upcoming fifth season remains a mystery, one thing is clear: Scott’s pack will be down one (major) member when the supernatural MTV drama returns.
“Tyler Hoechlin decided he wanted more time to pursue movies,” executive producer Jeff Davis tells BuzzFeed. “We talked and creatively agreed that maybe this was a good season to refocus on the teens of Teen Wolf, and while he won’t be a series regular anymore, I can say that you probably won’t have »
With only two episodes left in Eye Candy‘s freshman season, time is running out for leading lady Lindy to expose the Flirtual killer and track down her sister — but first, a little boy drama.
Following last week’s reveal that Tommy and the cyber crimes unit concealed crucial information from her, Lindy is understandably keeping her distance in Monday’s episode (MTV, 10/9c), and star Victoria Justice tells TVLine it’ll be quite some time before her character is ready to trust anyone.
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Nev and Max have returned for a fourth collection of heartbreaks and deceptions caused by so-called 'catfishes' on the internet, and the first episode has proven that the results are as shocking as ever.
Fans may be disappointed that Max was busy filming his new DJ film with Zac Efron for a large chunk of this season, but Nev is instead being joined by five celebrity co-hosts including MTV's Charlemagne and model Cassidy Wolf.
Digital Spy caught up with Nev to find out what to expect from the new season and what challenges he was met with this time around.
A fourth season brings a fresh challenge
"The challenge to find new and different stories becomes greater every season, obviously. For me, personally, I'm challenged by the show because »
From the covert texters of Pretty Little Liars to the not-so-caped crusaders of Arrow and The Flash, it feels like the hottest characters on teen TV shows today are going through major identity crises — and who better to tackle this subject than Nev Schulman, the King of Catfish?
The fourth season of Schulman’s addictive reality series continues tonight (MTV, 10/9c), as he and his revolving door of guest co-hosts — he’s joined tonight by former Miss Teen USA Cassidy Wolf — set out to trap some »
Listen up, ladies: Catfish host Nev Schulman is single and ready to mingle — with you! Well, sort of. "I'm single," Schulman, 30, confirmed during a recent visit to Us Weekly's New York City headquarters to promote the fourth season of MTV's Catfish, which airs Wednesdays at 10 p.m. (Est) "If you live in small towns in Texas or Georgia, there's a good chance I'll be coming through [while taping Catfish]. Look for my 'Dating Tour' — I'll be posting that on my website soon," he joked. "It'll [...] »
Listen up, ladies: Catfish host Nev Schulman is single and ready to mingle — with you! Well, sort of. "I'm single," Schulman, 30, confirmed during a recent visit to Us Weekly's New York City headquarters to promote the fourth season of MTV's Catfish. "If you live in small towns in Texas or Georgia, there's a good chance I'll be coming through [while taping Catfish]. Look for my 'Dating Tour' — I'll be posting that on my website soon," he joked. "It'll be conveyor belt-style dating. My assistant [...] »
Nev Schulman wants to make a UK version of 'Catfish'. The 30-year-old television personality - who presents the Us version of the hit show - believes the Great British public's love of dating app Tinder would be a perfect platform for the show to find deceptive lovers. He said: ''We definitely want to do a UK show. ''We could catch our first 'Tinderfish' with you guys.'' And Nev - who himself fell for an internet lover that turned out to be middle aged woman - has admitted he always has to remind himself of two things before he begins to track down someone's love »
Hopefully you checked out last Sunday's premiere of HBO's "The Jinx: The Life and Deaths of Robert Durst," which I gave an A- review and said had the potential to be the year's best new show. Director Andrew Jarecki's second attempt at unraveling the mysteries surrounding Robert Durst, including the three murders he's been linked to over 30 years, began as a slow-burn building to the revelation that, after seeing Jarecki's "All Good Things," Durst agreed to sit down with the filmmaker. This Sunday's episode relies heavily on Durst's recounting of his own biographical details, but also gradually shifts that focus to the "character" of Durst's wife Kathleen McCormack, missing since 1982. Even in her absence, Kathleen McCormack looms almost as large as Durst and, in an important role, Jarecki himself. I got on the phone earlier this week with "Capturing the Friedmans" director Jarecki to talk about the structure and narrative direction of "The Jinx, »
- Daniel Fienberg
The film follows a high school senior (Roberts) who enters into an online game of truth or dare that soon escalates out of her control, reports The Hollywood Reporter.
The game involves every move being watched by an anonymous group of people, who manipulate the players.
Franco will star in Now You See Me: The Second Act, due for release in 2016. »
Octavia Spencer is attached to star in Seacole, a period biopic about "a pioneering Jamaican doctress who battled prejudice to play a key role in the Crimean War, rivaling Florence Nightingale." The film will reteam Spencer with producer of The Help, Brunson Green, and is set to be directed by Charlie Stratton (In Secret). [The Hollywood Reporter] Emma Roberts and Dave Franco will star in Nerve, Lionsgate’s adaptation of Jeanne Ryan's young adult novel. Henry Joost and Ariel Schulman (Catfish), will direct and the script was penned by Jessica Sharzer. The book told the story of a high school wallflower who »
- Jennifer Maas
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