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Ryan Kavanaugh

Relativity files for bankruptcy

Ryan Kavanaugh’s embattled studio ended months of speculation on Thursday, initiating a voluntary Chapter 11 filing it said would allow it to strengthen the balance sheet and recapitalise.

Relativity lays off 75 employees

A spokesperson for the beleaguered company confirmed the development on Wednesday as speculation mounted that there would be an imminent Chapter 11 bankruptcy filing.

Film admissions surge in UK, production spend wobbles

BFI stats reveal surge in admissions in 2015 but potential fall in production spend of UK independent films in past year.

Manish Mundra

Manish Mundra on his finance, distribution plans

Although new to the business, Indian producer Manish Mundra has already backed films that have won prizes in Sundance and Berlin. He tells Liz Shackleton about his plans to finance and distribute content-driven Indian cinema.

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Job of the week

NFTS

Head of Screen Arts

On Application

Jobs

SENIOR LECTURER: FILM PRODUCTION

£38,511 to £45,954 per annum

Senior Lecturer in Film (Part-time)

£33,242, rising annually to £36,309 (pro-rata)