Castle Rock received around $48 million in financing from Westinghouse in exchange for about 15% equity in Castle Rock. Representatives from Castle Rock, Westinghouse and Seinfeld were contacted for this story; all confirmed Bannon’s financial ties but could not recall the precise size of his profit share. It makes me sick,” Rob Reiner, a Castle Rock founder and co-creator of Seinfeld, told The Daily Beast after learning about Bannon’s profit participation. Soon he founded Bannon Films, and the content he financed became overtly political and less financially successful. His other films, mostly documentaries, were similarly not commercially successful, which likely didn’t matter much due to Bannon’s steady Seinfeld income.

Source: Forbes November 23, 2016 15:31 UTC