Relativity CEO Ryan Kavanaugh made a rare public appearance on Tuesday and said he has gone aggressively into television production, using his movies -- especially the failed ones -- as source material.
Kavanaugh, who has been very below the radar in the past year-plus, told a Fortune conference in Aspen that Relativity movies make between $18 to $20 million each, and whether or not they are successful at the box office, they are spun into television shows whenever possible.
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