The chairman of the Ozy Media board resigned on Thursday, saying he lacked the experience in “crisis management and investigations” to continue leading the company. Marc Lasry, a hedge fund manager who is also a co-owner of the Milwaukee Bucks, made the announcement four days after The New York Times reported that someone from Ozy appeared to have impersonated a YouTube executive during a conference call with Goldman Sachs bankers while trying to raise $40 million dollars.
August 9, 2022 | 3:12 pm EDT Update
RTG Features (Alaskan Nets) and MSM (The Last Dance) have tapped David Charles Rodrigues (Neymar: The Perfect Chao) to direct a new feature doc about the high-scoring NBA trio of Tim Hardaway, Mitch Richmond and Chris Mullin —collectively known as Run TMC— and how they set the stage for the present-day dynasty of the world-champion Golden State Warriors, led by Stephen Curry, Klay Thompson and Draymond Green.
Billed as “the most fun fun sports doc of all time”, the as-yet-untitled feature will be a three-man weave combining basketball, hip-hop, the Bay Area and late-’80s/early-’90s nostalgia. Mason Gordon will produce for MSM, with RTG Features acting as the studio. 2022 Emmy nominees Coodie & Chike (Jeen-yuhs: A Kanye Trilogy) developed the film in partnership with RTG and will serve as executive producers.
The doc is currently in pre-production, with shooting scheduled for later this year, when Hardaway is inducted to the Naismith Memorial Basketball Hall of Fame—joining Mullin and Richmond, who were inducted in 2011 and 2014, respectively.
David Hardisty: Brian Windhorst: “As I’ve talked to teams around the league, they think if anything, this (move) maybe restricts (KD’s) opportunity to get traded in the short term. It’s going to make it even harder for teams to want to meet the price that the Nets have already put up so high.”
Overtime is looking to launch new leagues — and now it has an extra $100 million to make it happen. The company raised nine digits in a Series D round led by Formula 1 and Atlanta Braves parent company Liberty Media and Morgan Stanley’s Counterpoint Global team.
Existing investors including Jeff Bezos, Sapphire Sport, and Blackstone upped their stakes. Overtime has raised $250 million to date and claims over 6% of active NBA players have invested, including Kevin Durant, Carmelo Anthony, and Trae Young. Other investors include Winslow Capital, Spark Capital, Black Capital, Alexis Ohanian, Drake, Quavo, and Micromanagement Ventures, co-founded by late former NBA commissioner David Stern.