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Netflix Says Relativity Can't Shift Their Deal To Buyer

Law360 (July 12, 2018, 9:23 PM EDT) -- Netflix on Wednesday asked a New York bankruptcy court to stop bankrupt film studio Relativity Media from passing on its Netflix production deal with its proposed asset sale, saying the proposed buyer had not proved it would be able to perform under the contract.

The streaming media giant asked the court to deny Relativity’s motion to pass on its deal to produce Netflix content to proposed buyer UltraV Holdings, saying the deal is a personal service contract that cannot be passed on without the consent of...
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