Support for LAist comes from
Made of L.A.
Stay Connected

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

Arts and Entertainment

The Koch Brothers Secretly Helped Finance 'Wonder Woman' And Other WB Movies

From left: David Koch, Wonder Woman, and Charles Koch. (Photos via Wikimedia Commons and the Charles Koch Foundation)
Support your source for local news!
The local news you read here every day is crafted for you, but right now, we need your help to keep it going. In these uncertain times, your support is even more important. Today, put a dollar value on the trustworthy reporting you rely on all year long. We can't hold those in power accountable and uplift voices from the community without your partnership. Thank you.

Few names are more synonymous with big money conservative politics—or more loathed in liberal Hollywood—than the brothers Koch, which makes the news that the billionaire duo have reportedly been quietly financing Warner Bros.' slate of movies especially surprising.

On Wednesday, the Hollywood Reporter broke the news that Charles G. Koch and David H. Koch "took a significant stake valued at tens of millions of dollars in RatPac-Dune Entertainment" in 2013. RatPac-Dune, a production and film financing company co-founded by Australian billionaire James Packer and famously sleazy director Brett Ratner, has a co-financing and distribution deal with Warner Bros., according to Variety. The brothers, who own 84% of Koch Industries and have been credited with essentially bankrolling the Tea Party movement, helped fund Wonder Women, Dunkirk, and Steven Spielberg's upcoming Ready Player One, according to THR. Their names were never disclosed as investors because RatPac-Dune is a privately-held company.

The Koch brothers were reportedly brought into the deal by now-Treasury Secretary Steven Mnuchin, who was the other major backer of RatPac-Dune at the time. Of course this story involves both Steve Mnuchin and Brett Ratner. A spokesperson for Koch Industries told THR that "Charles Koch, David Koch and Koch Industries do not have any involvement with this investment."

Most Read