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RKA Film Financing is suing Relativity Media for misappropriating funds meant to finance advertising budgets for future releases, into the troubled company.
The SVOD and PayTV Series reveals rare details about licensing rates at Netflix and Starz (now Lionsgate), including, subscribers, usage, availability, release windows, and more.
The lawsuit never mentions the figure $1.5 billion that was widely ceased upon, and instead, opts for – “amount to be proven at trial.”
Relativity filed a $1.5B lawsuit against Netflix claiming breach of contract and trade libel, which a Netflix’s spokesperson called “baseless and ironic.”
Relativity could soon hold the dubious distinction of becoming the fastest company in U.S. corporate history to go bust after restructuring.
If there is one thing that Relativity Media’s Ryan Kavanaugh knows, it’s a comeback. Relativity Media’s Ryan Kavanaugh has given many successful pitches…
Will Relativity’s Kavanaugh be able to escape the legal actions in connection with misappropriating $10 million in P&A capital used to prop up the company?