Ryan Colin Kavanaugh
December 4, 1974 (age 46)
|Occupation||Former CEO of Relativity Media, financier|
|Known for||Moneyball approach to film finance, philanthropy, and wealth|
(m. 2011; div. 2014)
Ryan Colin Kavanaugh (born December 4, 1974) is an American businessman, film producer and film financier. He is the founder and former CEO of Relativity Media. He was named by Variety as 2011's "Showman of the Year" and was #22 on the Fortune 40 Under 40 list in 2012. He was #19 on the Forbes 2013 list of youngest billionaires.
Kavanaugh was born to a Jewish family in Los Angeles, California, where he was raised in the Brentwood neighborhood and attended Brentwood High School. His mother, Leslie (Levin), is a real estate broker, and his father, Jack Konitz, a dentist turned businessman, was born in Germany and later changed his surname to "Kavanaugh" before his son's birth. After attending UCLA, Kavanaugh founded a small venture capital firm, which struggled in the aftermath of the September 11 attacks and was eventually wound up.
Kavanaugh founded Relativity Media after briefly serving as a consultant to other small businesses and venture capitalists. In the late 1990s, he asked his father for a $50,000 loan to start his own hedge fund; his father declined, but this did not dissuade Ryan, whose aim was to use mathematical tools to connect financing and movie projects in a more efficient manner than traditional Hollywood finance. At Relativity, he created what is now known as "the model", a monte carlo model designed to predict the odds of a given film being successful. No film at Relativity is given a green light unless the model predicts a high probability of profitability. During Relativity's first year of operation, Kavanaugh executed what was considered to be an innovative finance deal for Marvel Studios which led them to create the Marvel Cinematic Universe. Kavanaugh went on to structure business deals for such companies as: Sony Pictures, Universal, Paramount, Warner Bros. Pictures, among many others. Kavanaugh has acquired a number of assets, including the marketing and distribution operations of John Malone's Liberty Media/Starz film unit Overture Films, and reaching a first of its kind TV pay deal with Netflix.[dead link]
Kavanaugh forged a marketing, promotional, and production partnership with Sir Richard Branson's Virgin Mobile and Virgin Produced, in which Relativity owns a stake. Kavanaugh also brokered a cross-platform marketing partnership with Clear Channel Radio. He was also instrumental in launching Relativity's partnership 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 production and distribution of films in China and U.S.
Relativity has produced, distributed, and/or structured financing for more than 200 motion pictures, generating more than $17 billion in worldwide box office revenue and earning 60 Oscar nominations. In 2012, Kavanaugh brokered a deal in which billionaire Ron Burkle will partner with Relativity and invest $800 million in the company. As Chairman and the largest shareholder, Kavanaugh will retain control of Relativity and control the majority of the board of directors of Relativity. In 2013, Relativity Media expanded into television (Relativity Television), Sports Management (Relativity Sports) and Digital Content (Relativity Digital), with the aim of leverage divisions to create a global media company.
Kavanaugh has produced such films as Immortals, Limitless, The Fighter, Mirror Mirror, Safe Haven, and Beyond the Lights. He executive produced The Social Network, which received eight Oscar nominations. His other films include Mamma Mia!, 3:10 to Yuma, Grown Ups and Dear John. He was denied the producing credit of the film The Fighter since the Academy only allows three producers to be named in the credit.
Despite Kavanaugh's "Moneyball" approach to film making, he turned down a chance to invest in the actual movie Moneyball, citing the model's prediction that sports movies are often commercial failures.
Honors and awards
Kavanaugh was honored with the 2009 Hollywood Producer of the Year Award at the 13th Annual Hollywood Awards Gala and Daily Variety published a special issue honoring Kavanaugh as a "Billion Dollar Producer". In 2010, The Hollywood Reporter bestowed the Leadership Award to Kavanaugh and the Daily Reporter dedicated a special issue in his honor as a "Billion Dollar Producer". He was named Variety's Showman of the Year, 2011.
Kavanaugh was 21st on Fortune's 40 Under 40 Most Influential People in Business in 2010 and in Forbes' Future 400: Ones To Watch. He also serves on the boards of other charitable foundations such as Cedars-Sinai Board of Governors and as Chairman of The Art of Elysium.
Kavanaugh currently resides in Malibu, California. In 2011, he married ballet dancer Britta Lazenga. They divorced in 2014. In 2015, Kavanaugh married model Jessica Roffey. He is a member of the Wilshire Boulevard Temple. He practices Transcendental Meditation twice a day.
Kavanaugh recently became involved in dog rescue through his acquisition of FreeHand, saying that "We hope this will become a staple of Hollywood, and if you are not involved in this, then you're not promoting social good amongst the animal world." He has been recognized for his charitable work by organizations including Cedars-Sinai Medical Center, whose Board of Governors honored him as the sole winner of the 2010 Hollywood Humanitarian Award; the Sheriff's Youth Foundation, which presented him with its Community Champion Award in recognition of his outstanding dedication to inner-city young people; and by First Star for his dedication to improving life for child victims of abuse and neglect.
Kavanaugh was honored with the 2011 Entertainment Industry Award by the Anti-Defamation League, a group committed to fighting anti-Semitism and bigotry of all kinds. The award is given to individuals who demonstrate leadership and extraordinary innovation in the entertainment industry. Kavanaugh serves as the Chairman of the Board for The Art of Elysium, an organization that encourages actors, artists and musicians to voluntarily dedicate their time and talent to children who are battling serious medical conditions.
He was a producer in all films unless otherwise noted.
|2005||Land of the Dead||Executive producer|
|The Fast and the Furious: Tokyo Drift||Executive producer|
|Talladega Nights: The Ballad of Ricky Bobby||Executive producer|
|Gridiron Gang||Executive producer|
|All the King's Men||Executive producer|
|Catch and Release||Executive producer|
|2007||Full of It||Executive producer|
|I Now Pronounce You Chuck & Larry||Executive producer|
|3:10 to Yuma||Executive producer|
|The Kingdom||Executive producer|
|Charlie Wilson's War||Executive producer|
|2008||The Bank Job||Executive producer|
|The Forbidden Kingdom||Executive producer|
|Made of Honor||Executive producer|
|Baby Mama||Executive producer|
|Death Race||Executive producer|
|The Tale of Despereaux||Executive producer|
|2009||The International||Executive producer|
|The Taking of Pelham 123||Executive producer|
|Land of the Lost||Executive producer|
|The Ugly Truth||Executive producer|
|A Perfect Getaway|
|Love Happens||Executive producer|
|Did You Hear About the Morgans?||Executive producer|
|2010||The Spy Next Door||Executive producer|
|The Wolfman||Executive producer|
|The Bounty Hunter||Executive producer|
|Robin Hood||Executive producer|
|Charlie St. Cloud||Executive producer|
|My Soul to Take||Executive producer|
|Little Fockers||Executive producer|
|2011||Season of the Witch||Executive producer|
|Take Me Home Tonight|
|Judy Moody and the Not Bummer Summer||Executive producer|
|Cowboys & Aliens||Executive producer|
|Shark Night||Executive producer|
|2012||Act of Valor||Executive producer|
|House at the End of the Street||Executive producer|
|Don Jon||Executive producer|
|21 & Over|
|Out of the Furnace|
|2014||3 Days to Kill|
|Brick Mansions||Executive producer|
|Earth to Echo|
|Desert Dancer||Executive producer|
|The November Man||Executive producer|
|Hector and the Search for Happiness||Executive producer|
|Beyond the Lights|
|The Best of Me|
|The Woman in Black: Angel of Death||Executive producer|
|2015||Bob Thunder: Internet Assassin||Executive producer|
|Pink Panther Mafia|
|Jane Got a Gun||Executive producer|
|2016||The Disappointments Room|
|2017||The Space Between Us||Executive producer|
|2018||The Strangers: Prey at Night|
|Hunter Killer||Executive producer|
|2006||The Still Life||Special thanks|
|2008||UCB Comedy Originals||Executive producer|
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- "HOLLYWOOD FEST". Hollywood Awards. Retrieved July 18, 2012.
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- "40 Under 40 Business's hottest rising stars (profile)". Fortune/CNN. November 1, 2010. Retrieved July 18, 2012.
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- Ryan Kavanaugh Collects Honor From Anti-Defamation League, Joshua (September 13, 2011). "Weinstein". Reuters. Retrieved November 29, 2012.
- Turner, Lauren. "Leo, Bradley, Gerard, and More Celebrate Producer Ryan Kavanaugh's Capri Wedding!". Popsugar. Retrieved July 30, 2012.
- New York Post: "Hollywood mogul Ryan Kavanaugh divorcing" By Ian Mohr January 16, 2014
- People: Inside Hollywood Mogul Ryan Kavanaugh's Star-Studded Wedding to Model Jessica Roffey, March 2015; accessed March 18, 2015.
- Hollywood Reporter: "Hollywood's Hottest $150 Million Project Is an 83-Year-Old Synagogue - Studio heads, agency chieftains and top producers have come together, "Avengers"-style, to save their iconic but decaying Wilshire Boulevard Temple -- an A-list house of worship far from the Westside" by Gary Baum May 30, 2012
- Tatiana Siegel (2011-05-13). "Life of Ryan – Variety". Variety.com. Retrieved 2019-01-22.
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- TheWrap. "Ryan Kavanaugh Collects Honor from Anti-Defamation League". MSN Entertainment. Archived from the original on January 3, 2013. Retrieved September 17, 2012.
- Relativity Media website; accessed March 18, 2014.