Ryan Kavanaugh has one of the most successful careers in Hollywood. However, you may not have heard his name; this is because Kavanaugh is not a celebrity actor; rather, he has established himself as one of the world’s largest producers of blockbuster movies. He is the man who hires those celebrity actors you are familiar with. Here in the guide, there’s a short brief about his career. However, you may explore later about him via Ryan Kavanaugh Video.
Career life of Ryan Kavanaugh
After briefly working as a consultant to other small businesses and venture capitalists, Kavanaugh founded Relativity Media. He asked his father for a loan of $50,000 to start his hedge fund in the late 1990s; his father declined, but this did not deter Ryan, whose goal was to use mathematical tools to connect financing and movie projects in a more efficient manner than traditional Hollywood finance. Kavanaugh has acquired several assets, including John Malone’s Liberty Media/Starz film unit Overture Films’ marketing and distribution operations, as well as a first-of-its-kind TV pay deal with Netflix.
Kavanaugh formed a marketing, promotional, and production partnership with Sir Richard Branson’s Virgin Mobile and Virgin Produced, both owned by Relativity. Kavanaugh also negotiated a cross-platform marketing alliance with Clear Channel Radio. He was also instrumental in launching Relativity’s collaboration with China’s Huaxia Film Distribution Co. Ltd. to become equal partners in Sky Land Entertainment with private equity firm SAIF Partners and IDG China Media to handle film production and distribution in China and the United States.
Relativity has produced, distributed, and structured financing for over 200 films, generating over $17 billion in worldwide box office revenue, and it also earned 60 Oscar nominations. To leverage divisions to create a global media company, Relativity Media expanded into television (Relativity Television), sports management (Relativity Sports), and digital content (Relativity Digital) in the year 2013.
Honours and awards
At the 13th Annual Hollywood Awards Gala, Kavanaugh received the 2009 Hollywood Producer of the Year Award, and Daily Variety published a special issue honouring Kavanaugh as a “Billion Dollar Producer.” The Hollywood Reporter bestowed the Leadership Award to Kavanaugh in 2010, and the Daily Reporter also dedicated a special issue to him as a “Billion Dollar Producer.” In 2011, he was named Variety’s Showman of the Year.
In 2010, Kavanaugh was ranked 21st on Fortune’s list of the 40 Under 40 Most Influential People in Business and Forbes’ Future 400: Ones to Watch. He also serves on the boards of other charitable foundations, including the Cedars-Sinai Board of Governors and The Art of Elysium. As said earlier, to know more, you may check Ryan Kavanaugh Video.