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Sony closes third co-financing deal with Relativity

Sony Pictures has been revealed as the beneficiary of the recent co-financing facility structured by Relativity Media.The new independent co-financing package, which is separate from the previously announced Gun Hill 1 and Gun Hill 2 deals, will be a five-year revolving credit facility. The new venture, called Beverly Blvd LLC, will co-invest in the majority of films released by Columbia Pictures during the term of the fund and, in general, allows Sony Pictures ...

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