Embattled Relativity Media is looking to sell the chase movie Collide to IM Global for $200, 000 and additional possible payments of up to $630, 000 in exchange for IMG dropping objections to Relativity’s bankruptcy plan. Papers were filed Saturay in Federal Bankruptcy Court in New York. You can read the filing here.
While nothing else has been filed yet concerning individual properties, this could be the first of many asset sheddings that the Ryan Kavanaugh run company move to make in the next few days.
Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.
- Relativity Reveals First Proposed Movie Sale in Bankruptcy: Thriller ‘Collide’ – Hollywood Report
- Relativity CEO Ryan Kavanaugh Deposition Could Come By … – Deadline
Ryan Kavanaugh
