How Hollywood Mogul Brett Ratner Quietly Pocketed $40 Million From 'Gravity'
Pascal Le Segretain/Getty
And despite not being director or producer on "Gravity," Ratner will reap the rewards of the film's $707 million global box office success.
While Sandra Bullock is said to be pocketing a massive $70 million paycheck from the film in a rare deal, Ratner will rake in a reported $40 million.
According to PageSix sources, "Ratner's new production company, RatPac-Dune - with Aussie billionaire James Packer and OneWest and "Avatar" investor Steven Mnuchin - helped finance the film and is pocketing $40 million."
In September, Ratner's RatPac-Dune closed a $450 million financing deal with Warner Bros. to fund up to 75 upcoming films.
"Gravity" was the first title covered by the new, four-year partnership.
In September, The Hollywood Reporter said of Ratner's role in the deal: "A quiet negotiation took place that resulted in Ratner not having creative input on the films, a move that Ratner fully supported. As part of the deal, the director-producer won't provide notes or be in the editing room on the titles, though his RatPac logo will grace the films."
And so far, it's paying off.
"Gravity" is on track to soon earn $750 million worldwide and the film took home seven statues at Sunday's Academy Awards.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market