Magazine article Screen International

Uni Denies Relativity-Focus Reports

Magazine article Screen International

Uni Denies Relativity-Focus Reports

Article excerpt

EXCLUSIVE: Relativity Media made enquiries last month to buy Focus Features after the corporate shake-up at Universal was announced, according to several well placed sources.

The development emerged as incoming Focus CEO Peter Schlessel unveiled a slew of further executive appointments for the reconfigured company ahead of the January 2014 launch.

Relativity did not comment and a spokesperson for Universal said Focus was not for sale and denied there had been any offers.

Relativity has a storied history with Focus parent Universal. In 2009, Relativity acquired Focus genre label Rogue Pictures and Ryan Kavanaugh's powerhouse co-financed the Universal slate for a number of years, spinning off its fund more recently to former backer Elliot Management Corp.

Meanwhile, reports that Media Rights Capital top brass have also been kicking the tyres at Focus were denied by spokespeople for Universal and MRC. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.