Ryan Kavanaugh Quits Relativity Media
The Wrap got the scoop and also reported that Relativity Media’s president Dana Brunetti is also leaving the company after only a year in the job.
— Hollywood Reporter (@THR) December 21, 2016
The news comes after a tumultuous few years for Relativity which went into bankruptcy protection. Creditors are still trying to recover more than $1 billion owed and law suits abound over various deals. Relativity Media has only 30 employees left and is reportedly having trouble paying their salaries.
Ryan Kavanaugh has received much of the blame for Relativity Media’s troubles.Read more about: Relativity Media, Ryan Kavanaugh