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Variety

Kevin Spacey Pulls Out as Relativity Chairman

Mar 14, 2016  •  Post A Comment

Kevin Spacey has pulled out of the role he was expected to assume as chairman of Relativity as it re-emerges from bankruptcy, Variety reports.

“Relativity Media said it has formally inked a deal for Spacey’s producing partner, Dana Brunetti, to be president of production running film and TV operations,” the story reports. “Relativity also claimed to have submitted documentation to the bankruptcy court proving that it has raised $100 million in new funding.”

In a statement, Spacey said: “Now that I have a much deeper understanding of the specifics of the amount of work that will be needed to shepherd the company through this transition I have concluded it is work that I neither have the time nor the wherewithal to take on.”

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One Comment

  1. I’ll do it! And for a lot less than Spacey!

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