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Kavanaugh’s Relativity Considering IPO

It’s one of several options ”down the road“ after Overture is integrated into company, he says

Relativity Media, Hollywood financier Ryan Kavanaugh’s film production company, will consider a public stock offering after striking a deal to add distribution and marketing capabilities.

“Down the road, we’ll be looking at several options, one of which could be a public offering,” Kavanaugh said, without providing a timetable.

Relativity is acquiring the 45-person marketing and distribution staff of Liberty Media Corp.’s Starz Overture film studio, which is closing. Relativity is financing or producing 10 films in the next year and plans 20 to 30 annually, according to a July 6 statement from the company.

Read more from Bloomberg.