Relativity Sues Netflix For $1.5 Billion

Relativity Media filed suit against Netflix for breach of contract and libel on Tuesday, asserting that the platform used Relativity “to gain standing in Hollywood, and then ruthlessly attempted to dissolve an output deal so lucrative that Relativity became dependent on its guaranteed payments to survive.” The company is claiming in excess of $1.5 billion in damages.

Relativity Is 4th Studio With Super Bowl Ad

Relativity Media will buy a commercial spot during the Super Bowl to advertise its military action film Act of Valor, joining three of Hollywood’s six major studios in buying costly promotional time during the most popular sporting event of the year.

Relativity Sets Sales, Digital Distribution Unit