As reported last November following several sexual harassment allegations against filmmaker and producer Brett Ratner, Warner Bros. is no longer in business with his co-financing entity RatPac-Dune Entertainment which co-financed more than 70 titles amounting to a reported $450M in funding across such movies as The Lego Movie, Gravity, American Sniper, Batman v. Superman and more. New Line’s Rampage, opening Friday, is the last of those titles being co-financed by RatPac per the news six months ago. The passive slate financing deal was scheduled to end in March, and it was promptly decided that Ratner’s first look deal would not be renewed.
Ratner started RatPac with James Packer, the latter who exited after a bad run at Warner Bros, and was replaced by Len Blavatnik. We’re informed that the new financing entity under Blavatnik will no longer be involved with Warner Bros moving forward. Whether another slate co-financier is needed at the studio will be determined should the AT&T and Time Warner merger occur.
Following the accusations last fall, Ratner said, “In light of the allegations being made, I am choosing to personally step away from all Warner Bros.- related activities. I don’t want to have any possible negative impact to the studio until these personal issues are resolved.” Ratner moved off the studio lot, and his producing credit on the upcoming Goldfinch project was also scrubbed.
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