In 2013, Brett Ratner was getting ready to embark on the next stage of his career with news that he had signed a massive deal with a major Hollywood studio. Warner Brothers announced that they would be entering into a four-year contract with RatPac Entertainment worth an estimated $450 million, which is now being reevaluated in the wake of sexual harassment and assault claims being made against the director. RatPac was launched in 2012 by Ratner and Australian business partner James Packer, who was a neophyte in the film industry at the time and newly single following his split and later divorce from second wife Erica Packer. The men agreed to finance a slate of approximately 75 films for the studio, but to get things rolling had to find a deep-pocketed investor willing to put up a sizable investment in what was essentially a start-up company. Enter Steve Mnuchin, whose Dune Capital Partners agreed to come aboard in a joint venture that is now falling apart in spectacular fashion. Scroll down for video The splat pack: Warner Bros is reevaluating their $450 million first look deal with RatPac, the media company Brett Ratner launched with Australian billionaire James Packer (pair above… Read full this story
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