Published On: Fri, Oct 2nd, 2015

UPDATE: Ryan Kavanaugh Wins Back Relativity Media Minus TV Assets (Warp Exclusive)

Chairman and CEO poised to reclaim much of his bankrupt mini-studio, an individual with knowledge of the situation tells TheWrap -

Ryan Kavanaugh

 

Relativity Media CEO Ryan Kavanaugh is poised to reclaim control of his bankrupt studio with the exception of Relativity’s TV division run by Thomas Forman, individuals familiar with the proceedings have told TheWrap. The new deal would represent a stunning turn of events for Kavanaugh, who two months ago was forced to file for Chapter 11 bankruptcy on his nine-year-old company. Relativity Media declined to comment on the matter.

Read the full story at The Warp, by Matt Donnelly and Sharon Waxman 

 

Read More:

Ron Burkle Joins Group That Could Keep Ryan Kavanaugh Atop Much of Relativity Media – Variety

Relativity Media Hides Names of Top Moneymakers in Court FilingsWall Street Journal

Relativity CEO Ryan Kavanaugh Bids on Film Assets – Variety

The Dangers When Financiers Think They Can Produce Movies, Too – Hollywood Reporter

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