RatPac-Dune Entertainment, the partnership between filmmaker Brett Ratner, Australian businessman James Packer and Wall Street financier Steven Mnuchin, closed a $300 million credit facility deal last week. The credit facility will be used in conjunction with an equity investment, to finance as many as 75 upcoming Warner Bros. movies. The Hollywood Reporter broke the story about the slate co-financing deal between RatPac-Dune and Warner Bros. in September. This partnership formed on the heels of the termination of Legendary Entertainment’s association with Warner Bros. earlier this year. The new partnership already commenced with the first joint investment in Gravity, starring Sandra Bullock and George Clooney.
Do think RatPac-Dune and Warner Bros. make for a great partnership?