The day in deals

Variety reports that William Morris has formed a Digital Media Group, and given longtime WMA consulting agent Lewis Henderson the task of heading it.

— A fool and his money are soon parted: The Hollywood Reporter says that Relativity Media is sinking an additional $700 million into Sony and Universal Pictures to cover the production costs of 19 films, the three companies said Thursday.

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— For those in TV, Nikki Finke has been carefully monitoring which TV pilots might be picked up. (In our experience, it’s usually the handsome, blonde ones in Malibu Al’s in Terminal 5 of LAX.)