Bankrupt Eastman Kodak Co. shouldn’t be permitted to abandon naming rights to the Hollywood Boulevard venue that hosts the Academy Awards, the property’s management CIM/H&H Media asserted in a Manhattan Court filing. The 20-year agreement under which the Kodak Theatre bears its name is worth $72 million over the life of the deal, according to CIM/H&H, but Kodak wants out 11 years into the contract. CIM/H&H says backing out “is not practically feasible” with the Oscars slated for February 26.
Oscar Venue Balks At Dropping Kodak Name
Trending Now on Deadline
Nicole Kidman & Reese Witherspoon To Star In 'Big Little Lies' Limited Series, Penned By David E. Kelley
Ferguson Grand Jury Decision: CNN & Fox News Reporters Attacked On-Air; Networks Go Live To Obama Remarks Over No Indictment - Update
Guest Stars Set For 'Downton Abbey' Christmas Episode; Endemol Inks With Amber TV: Global Showbiz Briefs
More From Team
- MPTF's Night Before Oscar Fundraiser Setting Up Shop On Fox Lot
- Matt Barr Joins TNT's Drug-Trade Pilot; Katie Sarife In 'The Michelle Knight Story'
- 'Cake' Trailer: Jennifer Aniston Feels The Pain And Shows It
- Regina King To Co-Star In FX Pilot 'Pariah'; Daisy Betts Joins 'Childhood's End' On Syfy
- 'Pan' Teaser: Hugh Jackman, Rooney Mara In Peter Pan Origin Tale
- Film Independent Spirit Award Nominations 2015 – Full List