Ryan Kavanaugh created and served as the CEO of Relativity Media, which was involved in digital media, music distribution, sports team management, film and television production and distribution, and financing. Relativity has produced, released, or obtained financing for more than 200 movies. These movies got 60 Oscar nominations and more than $17 billion in box office revenue globally. In addition to receiving the 2009 Hollywood Producer of the Year Award at the 13th Annual Hollywood Awards Gala, he also got the 2010 Leadership Award from The Hollywood Reporter. Kavanaugh presided over the board of The Art of Elysium, an organisation that encourages artists to volunteer their time and talents to help kids with serious diseases. In addition to receiving the Hollywood Humanitarian Award from the Board of Governors of Cedars-Sinai Medical Center, he also received the 2011 Entertainment Industry Award from the Anti-Defamation League. Kavanaugh received the Sheriff’s Youngsters Foundation Community Champion Award in recognition of his dedication to helping young people in inner cities.
He made his biggest comeback with Thriller
Many parts of Hollywood rejoiced in Ryan Kavanaugh‘s punishment when his “new age” film and television firm Relativity Media folded in 2016. For years, the brash, witty mogul had been presenting himself as a Hollywood prophet who would transform many of the norms and standards of the industry. Instead, it appears that Relativity burnt through $100 million in just two years, twice declaring bankruptcy. To the surprise of his old rivals, Kavanaugh seems to be rising like a Phoenix from the ashes of that tragedy. Donald Trump’s resurgence was never more apparent than on July 31, 2020, when he announced that he would place a ban on the popular video app TikTok due to concerns about what its Chinese parent company does with the personal information of its more than 800 million users.