Privately held film financier Relativity Media will bring in more than $2 billion in revenue for the first time this year, its CEO Ryan Kavanaugh said Tuesday. The news comes as major movie studios are slashing costs and producing fewer movies as the industry is buffeted by declines in DVD revenues. The projection would also make the company bigger by revenue than Lions Gate Entertainment Corp., a publicly traded company that posted $1.58 billion in revenue in the year to March and that is often referred to as a “mini” major studio. Major Hollywood studios are much larger, with The Walt Disney Co.'s studio posting over $6 billion in revenue last fiscal year and Time Warner Inc.'s Warner Bros. more than $11 billion. Kavanaugh told a conference hosted by media and entertainment news website TheWrap that the company's adjusted earnings will be four to five times greater than in 2009, adding that the company was “just above break even” last year. It has co-financed such prominent films as Universal Picture's “Robin Hood,” which has grossed more than $311 million worldwide. The CEO said later that Relativity has had its books audited carefully in preparation for a possible public offering of stock, although he said there was no set date for a stock sale. “We're not in any rush,” he said. “We really want to show that we can distribute and market a film like a major studio.”