Not content to sit idle while their peers at Citadel and Stark Investments lose millions of dollars by backing movies like “Evan Almighty” and “Poseidon,” Elliot Associates has gotten some of that, agreeing to provide at least $1 billion to co-finance 75% of Universal Pictures’ films over the next four years, with Relativity Capital. Relativity is the private equity firm which has gotten some great press lately for convincing defenseless hedge funds to put their green in paper bags and light it on fire via 12-terrible-flicks-at-a-time package deals. Elliot is the firm that, earlier this week, accused Cedar Hill of espionage. Do we smell a craptastic spy film summer 2009, sure to make just as much as “Blond Ambition,” if not a dollar more? Methinks yes.
Earlier: How Katherine Heigl’s Rack Nearly Sank Bridgewater
Relativity, Elliott Hammer Out Movie Deal [FINalternatives]
Comments (6)
Leave a comment
You can log in with your account or comment as a guest below.
What Wikipedia fails to note is that Ukranians work solely on barter, meaning that $253,008 is a complete guesstimate when compared with the thousands of dried meats used to gain entrance. Elliot will need to release in numerous monetary systems to compete with the $384 opening.
i recommed this!
is ‘big r’ rich marin?
is ‘big r’ rich marin?
I had a dream where I was sitting next to David Geffen at Haze. He told me his name was Harvey Weinstien. I knew he was lying, but I went with it.
He looked into my eyes and pitched me a co-finance deal. He said he was gonna give me 11 “hard points on the back end.”
I retorted with my famous joke about how Whisky is like vaseline.
Is that gay?
i actually kind of liked Norbit.