Relativity, which filed for Chapter 11 bankruptcy protection
today, may be shedding films. But with an auction now pending, lenders
have a vested interest in seeing the company remain in the film
business. And to do that, a restructured Relativity will need to keep
some product in the pipeline.
With the company’s future very much in flux, Relatively remains committed to the release of at least two films, Masterminds and Kidnap, and hopes to start production on a third, The Crow, this fall, according to one insider.
Masterminds, the heist comedy starring Zach Galifianakis and Owen Wilson, is currently slated for release on Oct. 9, while the Halle Berry-starrer Kidnap, which was originally to have hit theaters in October, was recently postponed to February 26, 2016.
"The rest of the slate is up in the air," the insider says, adding, however, that the company is still "identifying properties they will want to produce."
With the company’s future very much in flux, Relatively remains committed to the release of at least two films, Masterminds and Kidnap, and hopes to start production on a third, The Crow, this fall, according to one insider.
Masterminds, the heist comedy starring Zach Galifianakis and Owen Wilson, is currently slated for release on Oct. 9, while the Halle Berry-starrer Kidnap, which was originally to have hit theaters in October, was recently postponed to February 26, 2016.
"The rest of the slate is up in the air," the insider says, adding, however, that the company is still "identifying properties they will want to produce."
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