Relativity Media Up for Sale Six Months After Bankruptcy Recovery #movienews

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relativity media logo Relativity Media Up for Sale Six Months After Bankruptcy Recovery

At the height of Hollywood, studios used to rule the filmmaking game. The studio system of the 1920s-1950s set up major names like RKO Pictures, Paramount Pictures, and Warner Bros. to produce big hits all on their own. Studios and production companies were nearly synonymous, with companies like Columbia or Paramount controlling most aspects of filmmaking, from performer contracts to theatrical distribution. The old studio system disappeared after the advent of television, and now most studios work independently from production companies, with the production companies in charge of making films and studios heading up financing and distribution. For instance, Lucasfilm Ltd. and Bad Robot Productions produced Star Wars: The Force Awakens under Walt Disney Studios Motion Pictures.

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