Los Angeles Times: Ryan Kavanaugh’s Relativity Media is on the hunt for a buyer as the beleaguered film and TV studio has spiraled into bankruptcy, a move that marks a historic retreat for the Hollywood impresario. The 11-year-old studio behind movies such as “Limitless” and “The Social Network” and TV shows including MTV’s “Catfish” is hoping to avoid a fraught and protracted process as it restructures its business. Relativity owes some $320 million to creditors.