Citibank Getting Burned In Studio Confusion
Citibank, trying to bring some financial acumen to the Hollywood cesspool, is now the target of lawsuits from Ryan Kavanaugh’s Relativity Media, while Citibank is simply saying back-at-ya, according to the trades.
A legal battle has erupted between Kavanaugh’s Relativity Media and banker Citigroup Global Markets over a multi-million-dollar financing deal to invest in as man as 45 films produced or acquired by Sony Pictures, including Adam Sandler’s awful clunker “You Don’t Mess With The Zohan.”
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