Utilize the input text as a context reference, choose the right relationship between Universal Pictures and company from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Kavanaugh, who arranged financing for Sony Pictures and Universal Pictures before making movies on his own, attracted a circle of well-heeled investors to his company OneWest Bank Chairman Steven Mnuchin and billionaire Paul Singer, founder of Elliott Management Corp.

Answer: legal_form