Heist Comedy ‘Masterminds’ Is Pulled From Relativity’s Release Calendar

Amid reports that California-based Relativity Media filed for Chapter 11 bankruptcy earlier at the end of July, an insider close to the media company has revealed that upcoming comedy Masterminds has been pulled from the release calendar. According to the Hollywood Reporter, Relativity has liabilities totalling more than $1 billion USD and simply can't afford to market the movie at this time but it still intends to release the heist comedy later on in the year. However with an auction pending, various investors are hoping to see the company remain in the film business and therefore some of the pending projects will most likely stay in the pipeline. Stay tuned for more information.

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