James Murdoch acquires majority stake in Robert De Niro's Tribeca Film Festival

James Murdoch has taken a controlling stake in the Tribeca Film Festival, co-founded by actor Robert De Niro.The acquisition is the latest move by Murdoch, who earlier this year launched the investment firm Lupa Systems, following

Murdoch, an heir of media mogul Rupert Murdoch, reportedly plans to invest $1 billion from his Disney windfall into media, entertainment and technology companies.In recent months, Lupa has invested $20 million into Utah-based virtual reality outfit Void LLC and taken a $5-million stake in comic book publisher Artists, Writers & Artisans.

According to a statement from New York-based Tribeca Enterprises, Lupa will partner with De Niro and festival co-founder Jane Rosenthal to expand the annual film fest’s properties, which includes Tribeca Studios, a branded entertainment content firm, according to Bloomberg. Attention Capital is a minority investor. Attention’s CEO and co-founder Joe Marchese was previously president of advertising revenue for Fox Networks.

De Niro and producer Rosenthal founded the Tribeca Film Festival in 2001. The festival attracts 5 million attendees.“When Tribeca was founded after 9/11, they brought together a tremendous creative community to embark on mission-driven business with civic impact and support for storytellers at its core. It is a real privilege to partner with this talented team to enhance and grow that mission,” Murdoch said in a statement.

gonna make propaganda films for conservative republicans or the far right republicans.

Whats up Bobby De, preparing for hard times are we? I'll be cheering you on lifetimer.

Stop. Smother time.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

James Hooton reveals he almost quit Emmerdale for this reasonJames Hooton has revealed the surprising reason he almost quit Emmerdale - see what he said
Source: hellomag - 🏆 24. / 68 Read more »

Donald Trump Jr. Tweets James Biden Tennessee Fraud AllegationIt seems that Joe Biden’s brother, James Biden, has been accused of defrauding a business in Tennessee. As someone who has never personally been accused of doing fraud or other kinds of financial crimes and whose family has never been accused of doing fraud or financial crimes, I can say without hesitation that—well, fraud is no good. That hair looks crusty and gross.
Source: Jezebel - 🏆 153. / 63 Read more »

This Royal May Have Just Landed a Role in the New James Bond FlickThe upcoming film is set to hit theaters in April 2020.
Source: enews - 🏆 466. / 52 Read more »

A Royal Might Star in the Next James Bond Movie, and It's Not Meghan Markle So Guess AgainRoyal insiders apparently think this could top even Queen Elizabeth's Bond cameo.
Source: Cosmopolitan - 🏆 725. / 51 Read more »

Fox Corporation Enters Agreement To Acquire Majority Stake In Credible LabsFox Corporation has entered a definitive merger agreement to acquire a majority stake in Credible Labs Inc., a leading consumer finance marketplace in the country. Fox is looking to buy 67% of the … the first time Fox and credible have ever been able to be accurately used in a headline
Source: DEADLINE - 🏆 109. / 63 Read more »