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Relativity has an Image problem.
Daily Variety
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April 10, 2008|
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Image Entertainment has sued Relativity Media for reneging on a 2006 homevid output deal.
The 10-year-deal called for Relativity to funnel a steady stream of theatrical fare to the homevid distrib in exchange for stock, but Relativity has yet to supply any pics. Image filed suit Monday in Los Angeles Superior Court, charging Relativity with fraud and breach of contract.
Image contends Relativity topper Ryan Kavanaugh entered into the deal expecting Image to be taken over by Lionsgate. At the time of the August 2006 pact, Image was fighting over a hostile ...
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