Global Road Entertainment has hit a dead end. The fledgling movie studio filed for Chapter 11 bankruptcy on Thursday just weeks after it was seized by creditors. It’s been a rather rapid decline for ...
Numerous insiders tell The Hollywood Reporter that parent company Tang Media Partners, founded by Donald Tang, has been unable to raise the funds needed to keep Global Road Entertainment flush beyond ...
Open Road’s sale to Tang Media Partners will allow the indie studio behind “Spotlight” and “End of Watch” to expand the number of films it releases, CEO Tom Ortenberg told Variety. The studio is doing ...
PREVIOUSLY, Aug. 2, 7:07 PM: Chinese conglomerate Tang Media Partners is near a deal to acquire its second big Hollywood company. The Wall Street Journal is reporting tonight that it will acquire Open ...
You don’t expect a road crew to make one of the most intriguing archaeological finds of the decade—but that’s exactly what ...
LOS ANGELES, CA--(Marketwired - August 07, 2017) - Global entertainment company Tang Media Partners (TMP) today announced its acquisition of leading independent film distributor and producer, Open ...
TANG: Well, you know what happened with Open Road and Raven Capital. That transaction is closed and we are working as much as we can with the process to make sure all the creditors are getting as much ...
Tang Media Partners Entertainment has changed its name to Global Road Entertainment, rebranding itself to reflect a number of acquisitions it made during the past year with Open Road Films, IM Global ...
Open Road Films, the distributor behind the best-picture Oscar winner “Spotlight,” has been sold to Tang Media Partners, a Los Angeles-based company with backing from China. Financial terms were not ...
Tang Media Partners has purchased Open Road Films, the Oscar-winning distributor of “Spotlight” and “Nightcrawler.” As part of the deal, Open Road’s Tom Ortenberg will continue as the motion picture ...
Led by Donald Tang, the growing L.A.-based company bought a majority stake in IM Global last year and counts a number of powerful Chinese companies among its strategic investors. By Tatiana Siegel, ...
Global Road Entertainment has hit a dead end. The fledgling movie studio filed for Chapter 11 bankruptcy on Thursday just weeks after it was seized by creditors. It’s been a rather rapid decline for ...