EVERYTHING YOU SHOULD KNOW ABOUT RELATIVITY MEDIA
Relativity Media, founded by Lynwood Spinks and Ryan Kavanaugh in 2004, is a media and entertainment company. This company produced and distributed content in the United States. Even international customers enjoyed their services.
Employees
Having about 300 to 500 employees, it has its headquarters in Los Angeles, California. Its employees are showing high interest in Overtime Pay, Key Opinion Leader or KOL, and Presentation Sharing. Its former CEO, Ryan Kavanaugh, is the most known among its team members. Others include Greg Shamo, David Shane, Tucker Tooley, and Carol Genis.
Businesses
Relativity Media has various businesses. Some of these are film production, television production, and digital media. It also produces, distributes, and finances motion pictures. The company even ventured into music publishing. It includes releasing soundtrack albums for films and television series.
Services
In the United States, it also provides professional sports development services. These services include contract negotiation, marketing, media relations, and fan management. Involvement in brand building with entrepreneurial ventures and personal services are also part of their services. Its community involvement is also known to many. Besides that, it sells and distributes third-party films.
Investors
Relativity Media has ten investors. This includes the most recent investors Maple Leaf Films and Macquarie Bank. The company acquired two organizations, Rogue Pictures and Trigger Street Productions. Relativity Media acquired Rogue Pictures on January 9, 2009. On January 6, 2016, it had its most recent acquisition which was Trigger Street Productions.
Technology
The company uses thirteen technology products and services, including WordPress, Google Analytics, and Apache Web Server. It also uses fifteen technologies for its website. Some of these are SPF, Amazon, and Microsoft Exchange Online.
Among global websites, Relativity Media got the 8,556,392nd position. The basis was its 1,476 monthly visitors. The company registered eight trademarks, too. The most popular class is “Education; Entertainment.”
The sale
A judge approved the sale of Relativity Media to UltraV Holdings. It is an investor group seeking a fresh start for the twice-bankrupt studio. Relativity Media declared bankruptcy as it seeks to shed debt in advance of a sale to UltraV. UltraV Holdings held seventy-three million dollars of Relativity Media’s secured debt. It bid forty million dollars of that to acquire the company. Since there were no other bidders who came forward to challenge the sale, UltraV got to keep the company.
The creditors and their attorneys also received up to three million dollars from the company. Four challenging years for Relativity Media ended with the said court approval. The well-known company faced a new beginning. Ryan Kavanaugh will have an equity interest. That is only if the company reaches a hundred and fifty million dollars valuation.