Vulture-capital profits from foreclosures were reinvested into Hollywood film catalogs.

Evidence

Mnuchin then turned his vulture capitalist tendencies toward Hollywood. His financing firm Dune Entertainment invested in a catalog of more than seventy films with Fox starting in 2006, and another funding company, RatPac-Dune Entertainment, founded with producer-director Brett Ratner and billionaire James Packer in 2013, formed a seventy-five-picture deal with Warner Bros. Mnuchin has profited handsomely from such megahits as Avatar (James Cameron, 2009), The LEGO Movie (Chris Miller and Phil Lord, 2014), American Sniper (Clint Eastwood, 2014), Batman v Superman: Dawn of Justice (Zack Snyder, 2016), and Suicide Squad (David Ayer, 2016), as well as, appropriately, Wall Street: Money Never Sleeps (Oliver Stone, 2010). — Andrew deWaard, Derivative Media, 298

Categorization

  • XREF: The catalog acquisition is the exact financial instrument the reader wants to trace into individual films.
  • SEED: The irony of Mnuchin financing Wall Street: Money Never Sleeps and Batman v Superman — both films about predatory capital — invites an essay on finance’s self-portraits.