Relativity Television Rebrands as Critical Content, Post-Bankruptcy

Longtime media executive Tom Forman will run relaunched company with Andrew Marcus

Relativity Media’s television division has been reborn as Critical Content.

Following Relativity’s bankruptcy split last fall, creditors led by Anchorage Capital Group acquired Relativity Television and formed the new venture in October.

The renamed company will be run by longtime media executive Tom Forman as CEO, Andrew Marcus will be President and COO. These roles mirror their previous positions with Relativity Television, where Forman was CEO and Marcus was President.

The Los Angeles-based Critical Content arrives with more than 50 projects in production, $75 million of growth capital and no debt. The studio will focus on creating content, both scripted and unscripted, across all media platforms. Currently, it is in development with more than 30 networks, including CBS (“Limitless”), Fox (“Home Free”), MTV (“Catfish”) and Food Network (“The Great Food Truck Race”).

Plans also include a project with Joshua Leonard and Cary Fukunaga at Epix and development with Oliver Stone, Nick Cassavetes and Mike Medavoy.

“There’s never been a more exciting, more fulfilling and more dynamic time to do what we do: create great content,” Forman said in a statement. “With only a few remaining truly independent production companies, we are well positioned to capitalize on a historic time in the entertainment industry. I am excited to pursue this opportunity with a remarkably talented and creative team with an awesome track record for big ideas and top-notch execution. Critical really is the best of all worlds — fully independent, totally nimble, and very well financed.”

“I couldn’t be more excited about the launch of Critical Content as Tom and I continue to collaborate with many of the industry’s top creative minds,” Marcus added. “We are humbled to be able to continue working with such world class talent and financial partners like Anchorage and are looking forward to expanding our team and these strong relationships worldwide.”