You will be redirected back to your article in seconds

Len Blavatnik’s Access Entertainment Acquires Stake in RatPac

Access Entertainment has acquired a stake in Brett Ratner’s production and film-financing company RatPac Entertainment, Access announced Tuesday. The acquisition will see the company take ownership of RatPac’s film, television and documentary business, in partnership with Ratner, who will remain CEO.

The deal, which is designed to accelerate RatPac’s fast-growing film and television business, saw Access buy out RatPac co-founder James Packer. Variety revealed in February that the Australian businessman was quietly looking to unload his stake the company he helped build.

The move also sees Access, a division of Len Blavatnik’s Access Industries, take a major step into film financing by acquiring a large share of the RatPac-Dune venture that co-finances films for Warner Bros.

“Warner Bros. is one of the great Hollywood studios,” Blavatnik said. “I am delighted to be partnering with Kevin Tsujihara and the studio alongside the unique talent of Brett Ratner. Together we will build on RatPac’s strategic partnership with Warner Bros.”

Access Entertainment President Danny Cohen will serve as co-chairman alongside Ratner, who retains his interest in the company.

“Len and I have shared the same vision and passion for movies, television and music over the years,” said Ratner. “Because of his experience and enthusiasm, RatPac Entertainment will be an even more formidable provider of quality entertainment worldwide.”

Blavatnik launched Access Entertainment in May of last year.

RatPac was founded in 2013 by Ratner and Packer, who partnered with Dune Entertainment on a multi-year co-financing deal with Warner Bros. for up to 75 films. To date, RatPac-Dune has invested in titles such as Alfonso Cuaron’s Oscar-winning “Gravity,” hit horror franchise “The Conjuring,” family hits “The Lego Movie” and “The Lego Batman Movie,” and DC Entertainment titles including “Batman v. Superman: Dawn of Justice” and this year’s upcoming “Wonder Woman” and “Justice League.”

The deal was led by Matt Thompson and his team at Sidley Austin LLP on behalf of Access Entertainment and by David Eisman and his team at Skadden, Arps, Slate, Meagher and Flom LLP representing RatPac.

More Biz

  • splice

    Splice Raises $57.5 Million in Latest Funding Round

    Splice, a favorite of music creators that allows access to a library of three million rights-cleared sounds, announced today that the company closed a Series C funding round at $57.5 million. That brings Splice’s total amount raised to roughly $102 million since its launch in 2013. It raised a Series B in November of 2017. [...]

  • WGA Agents Contract Tug of War

    WGA Leaders to Meet With Showrunners on Agency Packaging Fight (EXCLUSIVE)

    WGA leaders are set to meet Wednesday night with a group of showrunners who are raising concerns about the guild’s handling of negotiations with talent agents over the issue of packaging fees and agency-affiliated productions. The meeting is set for 7:30 p.m. at WGA West headquarters. WGA West president David Goodman is expected to attend. [...]

  • Bill Murray St Vincent 2014

    Weinstein Co. Sued Over Trademark Infringement in Bill Murray Film

    A horse-racing announcer has sued the Weinstein Co., claiming that the company infringed on his trademarked phrase in a 2014 Bill Murray movie. Dave Johnson is the man behind “And down the stretch they come!,” which he began using while calling races in Illinois in the 1960s. The phrase took off when Johnson moved to [...]


    Mom + Pop Promotes Hallie Anderson and Jessica Page to Co-General Managers

    Mom + Pop Music has promoted Hallie Anderson to co-GM and head of marketing and Jessica Page to co-GM and head of digital, the company announced today. They had previously served as VP of marketing and VP of digital strategy, respectively. “Being able to promote, empower and support Hallie and Jess in their new positions [...]

  • Disney Fox Takeover Placeholder

    Disney, Fox Employees Grapple With Day One Transition on Two Hollywood Lots

    What kind of a boss will Disney be? That’s a question facing employees at 20th Century Fox, Fox Searchlight, National Geographic Partners, FX Networks, and other assorted parts of Rupert Murdoch’s former media empire. Wednesday was their first full day as staffers of the Walt Disney Co. and the initial moves have done little to [...]

  • Jay Wilson Joins Mascot Label Group

    Jay Wilson Joins Mascot Label Group as VP of Publicity

    Jay Wilson has been named VP of publicity for Mascot Label Group, the company announced today. A veteran of Republic, Glassnote and Universal Records, In his new position Wilson will conceive and implement media strategies for the company and its roster of artists such as Beth Hart, James Morrison, P.O.D., Robert Randolph and the Family [...]

  • Tencent Music Shares Drop Despite Solid

    Tencent Music Shares Drop Despite Solid First Earnings Report

    Proving that good is not always good enough, Tencent Music Entertainment shares fell 9 percent after the Chinese company released its 2018 earnings, wiping out $2.7 billion in market capitalization of what is arguably the biggest audio music service in the world. Chalk it up to big expectations and a short track record: Wednesday’s earnings [...]

More From Our Brands

Access exclusive content