SUBSCRIBERS
YuuZoo to invest up to US$150m in US film group
It will be given all of Relativity's film, television, sport, fashion and music asset for distribution on its platform
Add BT as a preferred sourcePublished Sun, Oct 30, 2016 · 09:50 PM
Singapore
YUUZOO Corporation Limited is planning to invest between US$50 million and US$150 million in an American independent movie studio and entertainment group which only recently exited bankruptcy.
In an announcement on Sunday night, the group said that it has entered into a term sheet and letter of intent on Oct 28 with Relativity Holdings LLC.
Copyright SPH Media. All rights reserved.
