The idea for RMI rose out of a deep desire to enter this new and rapidly expanding market,” said Ryan Kavanaugh. “Keyur’s expertise in production, distribution and in the digital world will make this a seamless extension of the Relativity brand.
Los Angeles, CA (PRWEB) May 5, 2010
Ryan Kavanaugh’s Relativity Media, LLC (“RML”), announced today a partnership with Keyur Patel, of Fuse Capital to form Relativity Media India (“RMI”), a newly formed film, television and digital media distribution, production and finance company headquartered in Mumbai, India that looks to expand Relativity’s international presence. RMI will handle distribution for all future Relativity Media single pictures for the India Marketplace (one of the fastest growing film markets in the world) and will immediately begin acquiring English language films from other Hollywood studios and producers for distribution in India across all platforms.
RMI is also set to develop, produce and distribute local language content by partnering with some of India’s finest local talent. RMI will create original content for all platforms including film, television and video games, as well as license, adapt and remake internationally successful content and formats for the local market.
RMI is concluding the acquisition of distribution rights to more than 30 English language films, dating back to earlier this year.
Partnering with Kavanaugh is Chairman and Chief Creative Officer, Keyur Patel along with a team that includes 11 seasoned executives who will oversee all aspects of marketing, distribution, finance, legal and creative.
As Chairman and CEO of Fuse+Media, Keyur Patel has been an investor in some of the largest TV networks, films and productions in India, as well as a producer in several film and media projects in Hollywood and Bollywood.
“The idea for RMI rose out of a deep desire to enter this new and rapidly expanding market,” said Ryan Kavanaugh. “Keyur’s expertise in production, distribution and in the digital world will make this a seamless extension of the Relativity brand. We are excited to have them join us in developing Relativity Media India.”
“We are very excited to partner and begin working with Ryan and his team to launch Relativity Media India,” said new Relativity Media India Chairman and Chief Creative Officer, Keyur Patel. “With our experience and intimate knowledge of the Indian market, coupled with Ryan’s and Relativity’s creativity and access to the highest quality content, I believe RMI will quickly establish itself as one of the top studios in India.”
About Keyur Patel:
One of the most dynamic visionaries in the digital realm, Keyur Patel has developed the strategy for, and founded half a dozen digital media companies. As Chairman and CEO of Fuse, Patel has been an investor in some of the largest TV networks, films, and production studios globally. Patel led turnarounds for major internet and consumer brands as Inktomi and Maxtor, and incubated, hatched and ran a number of successful companies including Brience, Metrius, Webvibe, Phoenix India, HIP Digital and Fabrik. Keyur holds an MS in Computer Engineering from Michigan Technological University and a BS in Computers and Communication from the Gujarat University in Ahmedabad, India.
About Relativity Media:
Relativity Media, LLC is a media and entertainment company which focuses on creating, financing and distributing first class, studio quality entertainment content and intellectual property across multiple platforms, as well as making strategic partnerships with, and opportunistic investments in, media and entertainment related companies and assets. Relativity owns and operates Rogue, a company that specializes in the production and distribution of lower-budget genre films, which has had particular success within the horror genre including The Unborn and The Strangers. Building upon its foundation of financing and producing films, Relativity has grown to include music, sports and television divisions and the next-generation social network iamrogue.com. Relativity also owns and operates RelativityREAL, Relativity's television arm, which has become one of the leading suppliers of reality television with over 20 shows in episodic or pilot. RelativityREAL is run by Tom Foreman, his past success include Extreme Makeover: Home Edition and Kid Nation.
To date, Relativity has committed to, produced and/or financed more than 200 studio-quality motion pictures through 2014. Released films have accumulated more than $12.6 billion in worldwide box office revenue. Relativity's recent films include: Zombieland, Couples Retreat, The Ugly Truth, Public Enemies, Fast and the Furious and Paul Blart: Mall Cop, It's Complicated, Wolfman, Brothers, Dear John and most recently, The Bounty Hunter and Repo Men. Upcoming films for Relativity include: MacGruber, Fighter, Robin Hood, Get Him To The Greek, Grown Ups, Salt, Nanny McPhee 2, The Social Network and Sanctum. Twenty-nine of the company's films have opened at #1 at the box office. Relativity films have earned 43 Oscar® nominations, including nods for: Nine, A Serious Man, Frost/Nixon, Atonement, American Gangster, and 3:10 To Yuma. Forty-Four of Relativity's films have each generated over $100 million in worldwide box office receipts.