May 5 (Reuters) - Rainmaker Entertainment Inc:
* Rainmaker Entertainment provides financial update with
respect to ratchet & clank domestic release
* Will take an impairment charge in Q1 2016 with respect to
its investment in Ratchet Productions, LLC
* Impairment charge, proportional share of advertising
expenses will result in estimated $10.0 million charge to net
income in Q1
* As at Dec 31, 2015 co's interest in Ratchet Productions,
LLC had carrying amount of $9.4 million, other receivables of
$0.6 million
Source text for Eikon:
Further company coverage: RNK.V