R+H 'New Owner' Auction Day(s) ~> Prana
- Prana to Acquire Rhythm & Hues (hollywoodreporter.com) - Mar 28, 2013 @ 10:29 pm
- UPDATE: Prana Wins Rhythm & Hues Auction (deadline.com) - Mar 28, 2013 @ 10:20 pm
- Prana wins auction for Rhythm & Hues (David S. Cohen variety.com) - Mar 28, 2013 @ 10:07 pm
- Rhythm & Hues sold to Indian buyer (latimes.com) - Mar 28, 2013 @ 9:26 pm
The winner of the Rhythm & Hues auction is a bidder tied to effects/ animation firm Prana Studios, 2 sources have told me. Details TK
— Ben Fritz (@benfritz) March 29, 2013
- Future of Rhythm & Hues Still Undecided (hollywoodreporter.com) - Mar 28, 2013 @ 4:36 pm
- Rhythm & Hues Asks Court to Let Auction Continue (thewrap.com) - Mar 28, 2013 @ 3:46 pm
- UPDATE: Rhythm & Hues Buyer To Be Named Friday (deadline.com) - Mar 28, 2013 @ 3:30 pm
- China Lion emerges as leading contender to buy Rhythm & Hues (latimes.com) - Mar 28, 2013 @ 12:50 am
- Accusations Fly As Rhythm & Hues Auction Continues (deadline.com) - Mar 28, 2013 @ 11:48 am
- R+H Auction Update: They were up until 2 a.m. They expect to pick a winner later this morning. (twitter) ~David S. Cohen @ Variety.com
Rhythm auction resuming at 11 am. JS Comm objecting because they don't want to lose their break-up fee despite walking away from the deal.
— Mark Wilkins (@mark_wilkins) March 28, 2013
Part of objection: When JS withdrew as bidder, R&H dropped requirement that next bid be at least (stalking horse bid + $525K). ~David S. Cohen @ Variety.com
Just heard from someone connected to the talks they're "98% positive we aren't getting any news tonight" on R&H winner. #vfx
— David S. Cohen (@Variety_DSCohen) March 28, 2013
Hearing no winner in R&H auction a/o 6pm. There were 5 bidders. 2 are left. #vfx
— David S. Cohen (@Variety_DSCohen) March 28, 2013
- Warner Bros. Disputes Its VFX Work Is Assumed in Rhythm & Hues Sale (hollywoodreporter.com) - Mar 27, 2013 @ 1:25 pm
- It’s Tough to be a Bust: The Rhythm and Hues Bankruptcy (micechat.com) - Mar 27, 2013 @ 3:59 am
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