Ryan Kavanaugh acquired a significant stake in movie streaming service Row8 via his production company Proxima Media. As part of this deal, Proxima 8 was formed.
While the exact terms are still unknown, Proxima hopes to make significant cost savings through marketing and distribution.
Proxima 8, a company that creates interactive movie experiences, plans to offer behind-the scene views of productions, opportunities to be part in premieres or productions, as well virtual interactions with actors and directors.
Subscription-free Row8 The major studios have distribution agreements that allow for the rental of films from both back catalog and new releases. The service allows customers to cancel rentals within the first 30 minutes of watching and exchange for another title, and offers “scene alert,” which alerts parents to potentially inappropriate scenes before they display.
Kavanaugh has produced or financed more than 200 feature films generating billions in box office revenue, among them “300,” “The Fast and The Furious,” “The Girl With The Dragon Tattoo,” “Mama Mia!,” “Limitless,” “The Fighter,” “Talladega Nights,” and “Stepbrothers,” and was a key figure in the establishment of Marvel Studios.
Triller was also co-founded by him. In partnership with Snoopdogg, Triller launched digital pay per views series Fight Club. Proxima Media most recently launched “The Quad,” a sub-label in partnership with Life Boat Productions,
Kavanaugh’s company Proxima Media most recently launched “The Quad,” a sub-label in partnership with Life Boat Productions, and recently completed production on the TikTok-influenced slasher-thriller “Skill House,” starring social media influencer Bryce Hall and Cutis “50 Cent” Jackson. Upcoming Proxima projects include the King Bach action-thriller “Myles Ryder,” “Home School,” and “Sway House”; Kavanaugh is also a credited producer on the upcoming films “Hunter Killer,” “Strangers 2,” and “Den Of Thieves.