The new chairman of Relativity Studios has a certain presidential air about him. House of Cards star Kevin Spacey and his Trigger Street Productions partner Dana Brunetti have been placed in charge of “all creative and film production” for Ryan Kananaugh’s embattled company, which is emerging from bankruptcy.
Relativity Media announced the purchase of Trigger Street, with Spacey taking on the role of Relativity Studios’ chairman, while Brunetti will become its president, both beginning in mid-February. “Both men share my passion for film and Relativity’s unique 360 degree content engine, and I could not be more excited to partner with such talented professionals,” said Kavanaugh, Relativity’s CEO and chairman, in a statement.
Relativity filed for bankruptcy last July, delaying film releases in the months that followed. As the Los Angeles Times notes, a court hearing will be held on Feb. 1 where Relativity is looking to emerge from bankruptcy protection. In a statement accompanying the purchase of Trigger Street, Spacey acknowledged the decision to join Relativity in this position given its current state may surprise some.
“They thought we were crazy when we chose to do House of Cards with an online streaming service; they thought I was crazy when I went to run The Old Vic Theatre when no one thought it could be saved; and this move with Relativity will be proof for some that we really are crazy,” Spacey said.
Trigger Street and Relativity previously collaborated on The Social Network. Relativity has plans to release The Disappointments Room and Masterminds in 2016.