Universal sells Rogue Pictures to Relativity

 

Universal Pictures, the unit of General Electric Co's NBC Universal, has completed the sale of Rogue Pictures to Relativity Media for about $150 million, the New York Times said.

The deal closed quietly just before Christmas and was disclosed by the companies on Sunday, the paper said. Relativity Media and Universal could not be reached immediately for comment by Reuters.

Rogue had success in distributing films like "The Strangers," a thriller that had $52.6 million in domestic ticket sales last year, and "Balls of Fury," an action comedy that took in $32.9 million at the box office in 2007, the paper said.


Film Business, Hollywood


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