Being in the movie industry is not easy, especially if you do not have the pull from the most famous names in this business. Unlike the others, Ryan Kavanaugh made a name for himself. He made all this possible through his perseverance and his drive to achieve his goals in life. One of his most significant assets is Relativity Media. If you want to know more about this company, then this article is definitely for you.
What Is Relativity Media?
Lynwood Spinks and Ryan Kavanaugh founded Relativity Media in 2004 and is headquartered in Beverly Hills, California. Since its inception, Relativity Media became one of the biggest mini-major American media companies in this industry. Relativity Media is the third largest major film studio worldwide. It had a slight dip in 2015, but it is still one of the biggest names in this industry.
Relativity Media is a full-scale film studio. They would acquire, develop, produce, and distribute films. Together with their partners, as of 2012, they have invested in over $20 billion entertainment projects. The Relativity Media partners include Citibank, Deutsche Bank, Merrill Lynch, and a lot more. Aside from film and television, Relativity Media has also works associated with fashion, digital, sports, and music.
Ryan Kavanaugh and Relativity Media
Ryan Colin Kavanaugh or also known as Ryan Kavanaugh is an American businessman. He is the founder and even the former CEO of Relativity Media. Since then, Kavanaugh became a very successful film producer and financier. Since 2018, he became the executive of Warner Brothers Pictures. With Relativity Media, Kavanaugh was able to produce more than 200 movies and earned over $17 billion in revenue. In 2014, Ryan Kavanaugh he produced a total of 61 films.
Kavanaugh was also named as 2011s “Showman of the Year” by Variety. He was also listed as #22 on the “Fortune 40 Under 40” list. Other than that, Ryan Kavanaugh was also on the #19 spot as one of the youngest billionaires by Forbes 2013.
The Rise of Relativity Media In 2016
In 2015, the company had a bit of a problem. But it didn’t take long for them to get back on their feet. In March 2016, Relativity Media emerged once again. They faced issues still in 2018, but just like in the past; they were able to get back up. The company remains to be one of the biggest names in this industry up to this day. The company is now under its new parent company, UltraV Holdings.
Relativity Media has become Ryan Kavanaugh’s stepping stone towards success. Yes, he did face some hurdles with the company that he helped build, but he is not letting these challenging faze him. He will always have his eyes on the ball. He will continue to succeed in life, which is why many young entrepreneurs look up to him. They want to be as successful as the movie mogul, Ryan Kavanaugh, one day.