Brett Ratner took a few minutes away from directing Dwayne Johnson in the MGM/Paramount film Hercules: The Thracian Wars to talk about being in the center of a herculean $450 million slate financing deal that RatPac-Dune Entertainment finally closed with Warner Bros . It is an arrangement that will cover as many as 75 of the biggest films made by Warner Bros and New Line for the next few years. Ratner tells me that this is a straight financing deal, but one that will allow and his RatPac-Dune partners James Packer and Steven Mnuchin to build library assets. It is just one piece of what could become a very interesting puzzle. Ratner said that Packer, son of the late media mogul Kerry Packer, got out of the media holdings that were his father's preoccupation and instead has put his money in a number of ventures that include casinos in Macau. That whetted his appetite for investing in China's fast-growing film business. Related: China's Wanda & Hollywood: How Much Is Real? "Part of our strategy will be to expand into China, to co-finance Chinese movies and films that not only work around the world but Asia in particular," Rather told me…. Read full this story
- Mothers in China Hesitate to Have More Children Despite Laxer Population Control
- Peter Thiel in Eye of Iran Storm as Deadline Looms for Trump
- When Rio Tinto Met China’s Iron Hand
- China says it will defeat US in any trade war and will stand up to Trump's 'bullying tactics'
- Buckingham councillor under fire for ‘flaunting’ his expensive Tesla car on social media
- New Zealand eyes Super Rugby diplomacy in Pacific
- James Comey compares Trump to mob boss during interview set 'to shock the president'
- POLITICO London Playbook: A tale of two parties — 3 in a row? — Saj steps up
- Kevin Spacey under scrutiny in possible sex-crime case, says LA district attorney
- Full transcript: "Face the Nation" on July 15, 2018
Between ‘Hercules’ Set-Ups, Brett Ratner Becomes Media Mogul With Eye On China have 319 words, post on deadline.com at September 30, 2013. This is cached page on Movie Breaking News. If you want remove this page, please contact us.