Thomas Benski and Marisa Clifford, the co-founders of Pulse Films, are taking legal action against Vice Media, alleging they are owed more than $20 million. The dispute arises from the final acquisition of the founders' remaining 22% stake in the production company, known for the drama 'Gangs of London,' which was finalized in December 2021.
The transaction involved a cash payment and a loan, but Benski and Clifford claim Vice Media has failed to meet its financial obligations, leaving them significantly short of the agreed-upon amount. This lawsuit marks a significant legal challenge for Vice Media, which had acquired a majority stake in Pulse Films back in 2016.
Pulse Films Founders Sue Vice Media for $20 Million Owed
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#finance #tv #dramaOther digests
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