(Beverly Hills, CA) January 27, 2011 – Ryan Kavanaugh, CEO of Relativity Media, LLC announced today that Steve Bertram, formerly the President of Business Operations for Paramount Home Entertainment, has joined the company as COO and CFO.

Bertram will oversee the day-to-day company operations for Relativity, including the building and managing of the company’s domestic and international distribution relationships. Bertram, in his position as COO, will directly report to Relativity President Michael Joe, and to Relativity CEO Ryan Kavanaugh for his duties as CFO. Prior to his position at Paramount, Bertram was CFO of Dreamworks and was involved in negotiating its sale to Viacom after the separation from DreamWorks Animation.

“We’re thrilled to have a seasoned veteran like Steve join our team,” said Kavanaugh. “He brings with him deep and extensive expertise at a time when our company has delivered on the promise of becoming a fully-functioning, full service studio. As our business ventures continue to grow, Steve’s expertise will prove invaluable.”

“Ryan has incredible vision and has built a strong and innovative company,” said Bertram. “I’m very excited to join Relativity as it continues to rethink what’s possible in the entertainment industry.”

“Steve’s depth and breadth of experience combined with his personal and professional integrity and collaborative approach to business will be critically important as our company evolves,” said Joe. “We are thrilled to have Steve join our team.”

For the past five years at Paramount Pictures, Bertram served as President of Business Operations for the multi-billion dollar global Home Entertainment division with responsibility for Finance, Administration, Business Affairs, Supply Chain and Business Development. He managed key worldwide distribution relationships including DreamWorks Animation, CBS, and Alliance Films. Bertram led negotiations of multi-million dollar agreements with various customers, licensees, consumer electronics and technology companies. Prior to joining Paramount, Bertram held a variety of senior positions in operations, marketing, distribution, strategic planning, and finance at DreamWorks LLC. He served as Chief Financial Officer of the privately held DreamWorks subsequent to the public offering of the animation company in 2004, and was responsible for managing all finance, strategic planning and banking activities.