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Relativity Media
Relativity Media is an American media company founded in 2004 by Lynwood Spinks and Ryan Kavanaugh. The company brokered film finance deals and later branched into film production and other entertainment ventures. The company was commercially successful prior to bankruptcy. In 2015, Relativity Media filed for Chapter 11 bankruptcy after lawsuits and missing loan payments. The bankruptcy was noted as one of the most notorious in entertainment industry. As a result, the company began selling off previously acquired films. Relativity Media reorganized and emerged from bankruptcy in March 2016, but in May 2018 it filed for bankruptcy again. The studio is now being operated by a new parent company, UltraV Holdings. History Launch and operations Relativity Media was founded by Ryan Kavanaugh and Lynwood Spinks in 2004. Kavanaugh convinced Spinks, a former Carolco Pictures executive to invest $1 million into the venture. Relativity began operations as a middleman brokering deals bet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Relativity Media
Relativity Media is an American media company founded in 2004 by Lynwood Spinks and Ryan Kavanaugh. The company brokered film finance deals and later branched into film production and other entertainment ventures. The company was commercially successful prior to bankruptcy. In 2015, Relativity Media filed for Chapter 11 bankruptcy after lawsuits and missing loan payments. The bankruptcy was noted as one of the most notorious in entertainment industry. As a result, the company began selling off previously acquired films. Relativity Media reorganized and emerged from bankruptcy in March 2016, but in May 2018 it filed for bankruptcy again. The studio is now being operated by a new parent company, UltraV Holdings. History Launch and operations Relativity Media was founded by Ryan Kavanaugh and Lynwood Spinks in 2004. Kavanaugh convinced Spinks, a former Carolco Pictures executive to invest $1 million into the venture. Relativity began operations as a middleman brokering deals bet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rogue Pictures
Rogue (originally Rogue Pictures) is an American independent production company founded in 1998 by Patrick Gunn and Matt Wall, originally started off as a genre film label of the Universal-affiliated independent film studio October Films and was based in Universal City, California. It was known to produce action, thriller, and horror films. It was owned by October Films from 1998 to 1999, after which it was merged with Gramercy Pictures to form USA Films until its original defunct year of 2000. In 2004, Rogue was revived by Focus Features, which retained the studio until 2009, when it was acquired by Relativity Media. In June 2012, Rogue and Relativity Media sold 30 of their films to Manchester Library Company, which was acquired by Vine Alternative Investments in April 2017. History Original October Films era (1998–2000) On April 2, 1998, Rogue Pictures was formed as a division of Universal-led independent film label October Films, led by Patrick Gunn and Matt Wall in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. or abbreviated as WB) is an American film and entertainment studio headquartered at the Warner Bros. Studios complex in Burbank, California, and a subsidiary of Warner Bros. Discovery. Founded in 1923 by four brothers, Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA). The company is known for its film studio division the Warner Bros. Pictures Group, which includes Warner Bros. Pictures, New Line Cinema, the Warner Animation Group, Castle Rock Entertainment, and DC Studios. Among its other assets, stands the television production company Warner Bros. Television Studios. Bugs Bunny, a cartoon character created by Tex Avery, Ben Hardaway, Chuck Jones, Bob Givens and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial District, Manhattan
The Financial District of Lower Manhattan, also known as FiDi, is a neighborhood located on the southern tip of Manhattan in New York City. It is bounded by the West Side Highway on the west, Chambers Street and City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry and the Battery on the south. The City of New York was created in the Financial District in 1624, and the neighborhood roughly overlaps with the boundaries of the New Amsterdam settlement in the late 17th century. The district comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York. Anchored on Wall Street in the Financial District, New York City has been called both the most financially powerful city and the leading financial center of the world, and the New York Stock Exchange is the world's largest stock exchange by total market capitaliza ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slate (magazine)
''Slate'' is an online magazine that covers current affairs, politics, and culture in the United States. It was created in 1996 by former '' New Republic'' editor Michael Kinsley, initially under the ownership of Microsoft as part of MSN. In 2004, it was purchased by The Washington Post Company (later renamed the Graham Holdings Company), and since 2008 has been managed by The Slate Group, an online publishing entity created by Graham Holdings. ''Slate'' is based in New York City, with an additional office in Washington, D.C. ''Slate'', which is updated throughout the day, covers politics, arts and culture, sports, and news. According to its former editor-in-chief Julia Turner, the magazine is "not fundamentally a breaking news source", but rather aimed at helping readers to "analyze and understand and interpret the world" with witty and entertaining writing. As of mid-2015, it publishes about 1,500 stories per month. A French version, ''slate.fr'', was launched in February 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cinema Of The United States
The cinema of the United States, consisting mainly of major film studios (also known as Hollywood) along with some independent film, has had a large effect on the global film industry since the early 20th century. The dominant style of American cinema is classical Hollywood cinema, which developed from 1913 to 1969 and is still typical of most films made there to this day. While Frenchmen Auguste and Louis Lumière are generally credited with the birth of modern cinema, American cinema soon came to be a dominant force in the emerging industry. , it produced the third-largest number of films of any national cinema, after India and China, with more than 600 English-language films released on average every year. While the national cinemas of the United Kingdom, Canada, Australia, and New Zealand also produce films in the same language, they are not part of the Hollywood system. That said, Hollywood has also been considered a transnational cinema, and has produced multiple lan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New Yorker
''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues covering two-week spans. Although its reviews and events listings often focus on the Culture of New York City, cultural life of New York City, ''The New Yorker'' has a wide audience outside New York and is read internationally. It is well known for its illustrated and often topical covers, its commentaries on popular culture and eccentric American culture, its attention to modern fiction by the inclusion of Short story, short stories and literary reviews, its rigorous Fact-checking, fact checking and copy editing, its journalism on politics and social issues, and its single-panel cartoons sprinkled throughout each issue. Overview and history ''The New Yorker'' was founded by Harold Ross and his wife Jane Grant, a ''The New York Times, N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carolco Pictures
Carolco Pictures, Inc. was an American independent film studio that existed from 1976 to 1995, founded by Mario Kassar and Andrew G. Vajna. Kassar and Vajna ran Carolco together until 1989, when Vajna left to form Cinergi Pictures. Carolco hit its peak in the 1980s and early 1990s, with blockbuster successes including the first three films of the ''Rambo'' franchise, '' Total Recall'', '' Terminator 2: Judgment Day'', ''Basic Instinct'', '' Universal Soldier'', ''Cliffhanger'' and ''Stargate''. Nevertheless, the company was losing money overall and required a corporate restructuring in 1992. The 1995 film ''Cutthroat Island'', intended to be a comeback for the studio, instead lost $147 million and brought the company to an end. History Early years The company was founded through the partnership of two film investors, Mario Kassar and Andrew Vajna. The two were hailed by ''Newsweek'' as some of the most successful independent producers. By the age of 25, Vajna went from wig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deadline Hollywood
''Deadline Hollywood'', commonly known as ''Deadline'' and also referred to as ''Deadline.com'', is an online news site founded as the news blog ''Deadline Hollywood Daily'' by Nikki Finke in 2006. The site is updated several times a day, with entertainment industry news as its focus. It has been a brand of Penske Media Corporation since 2009. History ''Deadline'' was founded by Nikki Finke, who began writing an '' LA Weekly'' column series called ''Deadline Hollywood'' in June 2002. She began the ''Deadline Hollywood Daily'' (DHD) blog in March 2006 as an online version of her column. She officially launched it as an entertainment trade website in 2006. The site became one of Hollywood's most followed websites by 2009. In 2009, Finke sold ''Deadline'' to Penske Media Corporation (then Mail.com Media) for a low-seven-figure sum. Finke was also given a five-year-plus employment contract reported by the ''Los Angeles Times'' as being worth "millions of dollars", as well as part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Film Finance
Film finance is an aspect of film production that occurs during the development stage prior to pre-production, and is concerned with determining the potential value of a proposed film. In the United States, the value is typically based on a forecast of revenues (generally 10 years for films and 20 years for television shows), beginning with theatrical release, and including DVD sales, and release to cable broadcast television networks both domestic and international and inflight airline licensing. Overview Film finance is a subset of project finance, meaning the film project's generated cash flows rather than external sources are used to repay investors. The main factors determining the commercial success of a film include public taste, artistic merit, competition from other films released at the same time, the quality of the script, the quality of the cast, the quality of the director and other parties, etc. Even if a film looks like it will be a commercial success "on pape ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
