MCN Blogs
Ray Pride

By Ray Pride Pride@moviecitynews.com

The FT On Ryan Kavanaugh

The Financial Times’ Matthew Garrahan writes up a compelling read on the rise and rise of Relativity Media’s Ryan Kavanaugh (FT free access for limited number of articles monthly): “At just 36, the redheaded Kavanaugh has already produced more than 30 movies. He has raised billions… from Wall Street firms, money which has been invested in more than 100 films released by Hollywood studios,” Garrahan introduces, including snips from Kavanaugh’ press, such as when Variety “declared that Kavanaugh ‘eschews sleep, clocking a mere 90 minutes to two hours a night,’ and revealed, among other things, that when not producing movies he spends his time ‘working with sick kids in hospitals,’ practicing ‘transcendental meditation’ and ‘closing in on a cure for cancer’ through his involvement with a bio-tech venture.” Garrahan sifts through the origins and history of Relativity even as Kavanaugh refuses an interview. “Kavanaugh was new to the party and spoke openly about how he was going to fix a broken entertainment industry that he claimed wasted too much money. This made him as many enemies as friends… Does he have what it takes to stay in the game as one of Hollywood’s most influential players? … He doesn’t dress like a movie mogul and usually wears jeans, Converse trainers and a shirt with a black tie askew. His grandparents were Holocaust survivors… A number-cruncher adept at structuring complex financial deals, perhaps his biggest talent is his charm, with few in Hollywood rivaling his skill as a salesman. He has earned notoriety in the business for his lavish spending: at one dinner at the Ago restaurant… Kavanaugh left a $20,000 tip, according to someone who claimed they saw the credit card receipt. Relativity would not comment on the terms of Kavanaugh’s remuneration package but the company’s growth has given him access to perks enjoyed by other studio heads such as use of a corporate jet…” The VF-style detail entertains, but it’s the narrative of the company’s fortunes that makes it a must-read. “Hollywood is watching closely, keen to see if renewed Wall Street interest in owning entertainment companies is real or, like so much else in Hollywood, a carefully crafted mirage. But Kavanaugh has worked in the movie business long enough now to know that a good film has to have a compelling third act.” [The history at the link.]

Comments are closed.

Movie City Indie

Quote Unquotesee all »

“With every table in the dining room occupied and me, the only waiter, neglecting the needs of a good fifty patrons, I approached Roth. Holding out Balls as a numbness set into the muscles of my face, I spoke. “Sir, I’ve heard you say that you don’t read fiction anymore, but I’ve just had my first novel published and I’d like to give you a copy.”

“His eyes lifting from his iPhone, he took the book from my hands. He congratulated me. Then, staring at the cover, he said, “Great title. I’m surprised I didn’t think of it myself.”

“These words worked on me like a hit of morphine. Like two hits. It felt as if I was no longer the occupant of my own body. The legs had gone weak, the ears warmed, the eyes watered, the heart rate increased rapidly. Barely able to keep myself upright, I told him, “Thank you.”

“Then Roth, who, the world would learn sixteen days later, was retiring from writing, said, in an even tone, with seeming sincerity, “Yeah, this is great. But I would quit while you’re ahead. Really, it’s an awful field. Just torture. Awful. You write and write, and you have to throw almost all of it away because it’s not any good. I would say just stop now. You don’t want to do this to yourself. That’s my advice to you.”

“I managed, “It’s too late, sir. There’s no turning back. I’m in.”

“Nodding slowly, he said to me, “Well then, good luck.”

“After which I went back to work.”
~ Julian Tepper

“Any form of physical or sexual assault is a very serious matter, potentially a legal matter. But I’m also wondering, what about having some kind of “extreme asshole” clause? I know lots of people who have been abused verbally and psychologically. That’s traumatizing, too. What do we do with that?  It takes a lot of energy to be an asshole. The people I admire most just aren’t interested in things that take away from their ability to make stuff. The people I really respect, and that I’ve met who fit this definition, have a sense of grace about them, because they know that there is no evolving and there is no wisdom without humility. You can’t get better if you behave in a way that shuts people off. You can’t! You don’t have all the ideas necessary to solve something. You don’t! I’m sure if you spoke to Harvey in his heyday and said to him what I just said to you, he would believe that he accomplished all that he had because of the way he behaved.”
~ Steven Soderbergh