Artificial intelligence (AI) tends to split opinions when it comes to creative mediums, with traditionalists erring away from such a seemingly hands-off technology – but could it actually make life easier for those in the scripted game? Stephen Arnell finds out. As in so many areas of life, AI is encroaching into the world of scripted television. But what, […]
Mark Itkin, Lauren Zalaznick and Frank Biondi are among the big name Hollywood execs that form fledgling prodco Critical Content’s new board. LA-based Critical launched at the start of the year after Anchorage, a senior secured lender of Relativity Media, bought the assets of Relativity Television. Having secured a series of deals in its first […]
House of Cards star Kevin Spacey has decided not to join a new-look Relativity Studios as chairman. US trades have been reporting for some weeks that Spacey had become concerned over the amount of work needed to re-establish the US studio after emerging from its financial woes, and this was confirmed yesterday. “It is with […]
Streaming service Netflix has questioned the management set-up of troubled US studio Relativity Media, whose founder has responded with fury. With Relativity still in bankruptcy legal proceedings, Netflix made a court filing this week that claimed there was “considerable confusion” over who would run the studio once it had refinanced. As such, Netflix wants a […]
Ryan Kavanaugh’s Relativity Media is set to emerge from its financial woes with a bang, acquiring Kevin Spacey’s production house, Trigger Street Productions. On January 4, Relativity announced a committee of unsecured creditors had formally stated support for Kavanagh’s plan to exit Chapter 11 bankruptcy protection, a move that Kavanaugh (right) said would allow the […]
Tom Forman (pictured) and Andrew Marcus will lead a new-look TV production company after the sale of Relativity Television’s assets to a group of investors was completed. Despite its strong programming pipeline and profitability, Relativity TV was caught up in the financial woes of its previous parent, Relativity Media. A deal with Anchorage Capital Group, […]
Toronto’s Catalyst Capital Group has reportedly come to the rescue of trouble Hollywood studio Relativity Media by investing a total of around US$320 million. According to The Hollywood Reporter, Catalyst has acquired all of Relativity’s senior secure debt for around US$150 million and will invest US$170 million of equity in exchange for an undisclosed share […]
The current batch of home renovation formats mirror the pared-down approach to home ownership in the post-recession. Jesse Whittock looks at how the genre continues building. Fitting a new kitchen, re-turfing the garden or completely renovating a home are stresses every home-owner identifies with. The reward when the job’s done is unique, and perhaps that’s […]
China’s Jiangsu Broadcasting Corp is taking an equity stake in Relativity Media as part of wide-ranging coproduction and strategic investment agreements the US studio struck last week. The pair will develop, co-finance, coproduce and distribute film and television content for international markets and China, with JSBC making an equity investment as one condition of the […]
Maker Studios has turned down Relativity Media’s US$1 billion-plus approach in favour of its existing agreement to join the fold at The Walt Disney Company. Relativity yesterday attempted to hijack Disney’s deal to buy YouTube channel operator Maker with its own offer ahead of a Maker shareholder meeting today, but this has proven unsuccessful. “As […]
