Relativity Media LLC, longtime financing partner of Rogue Pictures, is considering the purchase of the horror and thriller film label for as much as $150 million. Talks are on for Relativity to acquire Rogue’s brand, catalog and upcoming releases, clearly indicating Relativity’s intention of getting deeper into the film production business.
Citing the ongoing financial crisis as the main reason, Samsung Electronics has withdrawn its $5.9 billion takeover bid to acquire US flash memory card maker SanDisk.