History
Dune Entertainment was a company founded by Steven Mnuchin in 2004.
Mnuchin founded Dune Entertainment as a side business. It financed a number of large-budget films, mostly for 20th Century Fox, including the X-Men film franchise and Avatar . [2] [3] [4] In 2012, after Dune's deal with 20th Century Fox ended, Mnuchin worked with the filmmaker Brett Ratner and the Australian businessman James Packer to merge his Dune Entertainment company with Ratner and Packer's newly founded RatPac Entertainment joint venture which would be formed into RatPac-Dune Entertainment in 2013; the following year.
Between 2013 and 2018, RatPac-Dune financed many films for Warner Bros., including American Sniper and Mad Max: Fury Road . Mnuchin was co-chairman of the trio's movie company, Relativity Media, but left seven months before it went bankrupt. [5]
In September 2013, RatPac partnered with Dune Entertainment on a multi-year motion picture co-financing arrangement with Warner Bros., financing over $1 billion for 75 of the studio's films [6] [7]
In December 2013, RatPac signed a deal starting as of January 1, 2014 to finance films as part of a production deal between Plan B Entertainment and New Regency. [8]
RatPac Entertainment has co-financed 81 theatrically released motion pictures exceeding $17 billion in worldwide box office receipts. RatPac's co-financed films have been nominated for 59 Academy Awards, 25 Golden Globes and 43 BAFTAs and have won 25 Academy Awards, 8 Golden Globes and 24 BAFTAs.
In late 2017, Access Entertainment bought Packer's controlling stake in the company. In 2019, Georgetown , directed by Christoph Waltz, was released by Paramount Pictures. [9]
In 2021, Reddit r/wallstreetbets founder Jaime Rogozinski sold the rights to his life story to the company following the short squeeze of GameStop's stocks. [10] The documentary "The New Americans: Gaming a Revolution" directed by Ondi Timoner debuted on Netflix on January 1, 2024. [11]
RatPac-Dune Entertainment partnership
RatPac-Dune Entertainment, LLC was formed in September 2013 by RatPac and Dune with a multi-year 75-picture co-financing arrangement with Warner Bros. Pictures. [18] [19] On November 26, 2013, RatPac-Dune finalized a $300 million credit facility with a group of banks, led by Bank of America Merrill Lynch, that has an option to be extended to $400 million. [20] The company is the result of a 2013 joint venture between RatPac Entertainment and Dune Entertainment, following a collapse in negotiations between Dune and 20th Century Fox – which led the company to close a deal with Warner Bros. Pictures instead, replacing Legendary Pictures as Warner Bros.'s key co-financing partner. [12] [15] [21]
In November 2018, RatPac-Dune's minority ownership stake in a library of 76 Warner Bros. films was put for sale, with investors in the fund backing the library to cash out. [22] Vine Alternative Investments made a high bid for the library, but in January 2019, Warner Bros. exercised its rights to match the bid for the library, and essentially acquired RatPac-Dune's stakes for an estimated $290-300 million. [23] The 75-picture deal passively covered all movies including those from another production financing deal with Village Roadshow Pictures, with films from Metro-Goldwyn-Mayer, Legendary Pictures, all Alcon Entertainment films between 2014 and 2017 and the 2016 film Fantastic Beasts and Where to Find Them all being exceptions. [20]
RatPac-Dune Entertainment films
- Financed with Warner Bros. Pictures
- Gravity (2013) [20] (co-production with Heyday Films)
- Grudge Match (2013) [20] (co-production with Gerber Pictures)
- The Lego Movie (2014) (with Warner Animation Group) (co-production with Village Roadshow Pictures, Lego System A/S, Vertigo Entertainment and Lin Pictures)
- Winter's Tale (2014) (co-production with Village Roadshow Pictures and Weed Road Pictures)
- Blended (2014) (co-production with Happy Madison Productions, Flower Films and Gulfstream Pictures)
- Edge of Tomorrow (2014) (co-production with Village Roadshow Pictures)
- Jersey Boys (2014) (co-production with GK Films)
- Tammy (2014) (with New Line Cinema) (co-production with Gary Sanchez Productions)
- Into the Storm (2014) (with New Line Cinema) (co-production with Village Roadshow Pictures)
- This Is Where I Leave You (2014) (co-production with Spring Creek Pictures and 21 Laps Entertainment)
- Annabelle (2014) (with New Line Cinema)
- The Judge (2014) (co-production with Village Roadshow Pictures)
- Inherent Vice (2014) (co-production with IAC Films and Ghoulardi Film Company)
- Horrible Bosses 2 (2014) (with New Line Cinema)
- American Sniper (2014) (co-production with Village Roadshow Pictures)
- Jupiter Ascending (2015) (co-production with Village Roadshow Pictures)
- Focus (2015) (co-production with Overbrook Entertainment and Di Novi Pictures)
- Run All Night (2015) (co-production with Vertigo Entertainment)
- Get Hard (2015) (co-production with Gary Sanchez Productions)
- The Water Diviner (2015) (U.S. distribution only)
- Mad Max: Fury Road (2015) (co-production with Village Roadshow Pictures and Kennedy Miller Mitchell)
- San Andreas (2015) (with New Line Cinema) (co-production with Village Roadshow Pictures)
- Entourage (2015) (co-production with HBO Films)
- Magic Mike XXL (2015)
- The Gallows (2015) (with New Line Cinema) (co-production with Blumhouse Productions; uncredited)
- Vacation (2015) (with New Line Cinema)
- The Man from U.N.C.L.E. (2015)
- Black Mass (2015) (co-production with Cross Creek Pictures)
- The Intern (2015)
- Pan (2015) (co-production with Berlanti Productions)
- Our Brand Is Crisis (2015) (co-production with Participant Media and Smokehouse Pictures)
- In the Heart of the Sea (2015) (co-production with Village Roadshow Pictures, Roth Films, Spring Creek Pictures and Imagine Entertainment)
- How to Be Single (2016) (with New Line Cinema) (co-production with Metro-Goldwyn-Mayer)
- Midnight Special (2016)
- Batman v Superman: Dawn of Justice (2016) (co-production with DC Entertainment, Cruel and Unusual Films and Atlas Entertainment)
- Keanu (2016) (with New Line Cinema) (co-production with Monkeypaw Productions and Principato-Young Entertainment)
- Central Intelligence (2016) (with New Line Cinema) (co-production with Universal Pictures, Perfect World Pictures, Bluegrass Films and Principato-Young Entertainment; U.S. distribution only)
- The Conjuring 2 (2016) (with New Line Cinema)
- The Legend of Tarzan (2016) (co-production with Village Roadshow Pictures, Jerry Weintraub Productions, and Dark Horse Entertainment)
- Lights Out (2016) (with New Line Cinema) (co-production with Atomic Monster and Grey Matter Productions)
- Suicide Squad (2016) (co-production with DC Films and Atlas Entertainment)
- War Dogs (2016) (co-production with Joint Effort and The Mark Gordon Company)
- Sully (2016) (co-production with Village Roadshow Pictures, The Kennedy/Marshall Company, Flashlight Films and Malpaso Productions)
- Storks (2016) (with Warner Animation Group) (co-production with Stoller Global Productions)
- The Accountant (2016)
- Live by Night (2016)
- Collateral Beauty (2016) (with New Line Cinema) (co-production with Village Roadshow Pictures, Overbrook Entertainment, Anonymous Content, PalmStar Media and Likely Story)
- The Lego Batman Movie (2017) (with Warner Animation Group) (co-production with DC Entertainment, Lego System A/S, Vertigo Entertainment, Lin Pictures and Lord Miller Productions)
- Going in Style (2017) (with New Line Cinema) (co-production with Village Roadshow Pictures)
- Fist Fight (2017) (with New Line Cinema) (co-production with Village Roadshow Pictures, 21 Laps Entertainment, and Rickard Pictures)
- CHiPs (2017) (co-production with Panay Films and Primate Pictures)
- Unforgettable (2017) (co-production with Di Novi Pictures)
- King Arthur: Legend of the Sword (2017) (co-production with Village Roadshow Pictures and Weed Road Pictures)
- Wonder Woman (2017) (co-production with DC Films, Atlas Entertainment and Cruel and Unusual Films)
- The House (2017) (with New Line Cinema) (co-production with Village Roadshow Pictures, Gary Sanchez Productions and Good Universe)
- Dunkirk (2017) (co-production with Syncopy Inc.)
- Annabelle: Creation (2017) (with New Line Cinema, Atomic Monster and The Safran Company)
- It (2017) (with New Line Cinema) (co-production with Vertigo Entertainment, Lin Pictures and KatzSmith Productions)
- The Lego Ninjago Movie (2017) (with Warner Animation Group) (co-production with Lego System A/S, Vertigo Entertainment, Lin Pictures and Lord Miller Productions)
- Geostorm (2017) (co-production with Electric Entertainment and Skydance Media)
- Financed with Regency Enterprises and 20th Century Fox
- Financed with Universal Pictures
- Financed with Sony Pictures
- Financed with RKO Pictures
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