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Relativity Media, Universal extend, expand co-financing partnership

In the third major financing deal to be announced this week against a backdrop of tumultuous financial upheaval in the US markets, Relativity Media and Universal Pictures have extended and expanded their co-financing partnership.Under the terms of the arrangement Relativity Capital Holdings, the financing entity Relativity set up with New York-based investors Elliott Associates, will co-finance approximately three-quarters of Universal's slate until 2015. The announcement ...

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