Robert De Niro's Tribeca Enterprises sells 50 per cent stake to Madison Square Garden Company
NEW YORK, N.Y. - A film company co-founded by Robert De Niro called Tribeca Enterprises is selling a 50 per cent stake to the Madison Square Garden Company.
The deal was announced Saturday night. It combines two major New York show business players, gives Tribeca Enterprises the marketing power of a growing sports and entertainment company and offers the MSG Co. an entry into the film business.
The deal values Tribeca Enterprises at $45 million. The company was co-founded by De Niro and Jane Rosenthal, who will remain CEO.
Among the properties owned by the MSG Co. are Radio City Music Hall, the Beacon Theatre, the New York Knicks and the New York Rangers.
The company is also the presenter of the Tribeca Film Festival. The 13th festival begins April 16.
Read more Business News
- Garage goes up in flamesCentral Okanagan - 4:15 pm
- Coke smuggler gets 14 yearsKelowna - 1:31 pm
- Cops warn public about 'ICE'Kelowna - 1:15 pm
- Where is Batman?Penticton / S. Okanagan - 1:33 pm
|QHR Technologies Inc||1.22||-0.04|
|Anavex Life Sciences||0.1804||-0.0036|
|Copper Mountain Mining||2.29||-0.13|
|Sunrise Resources Ltd||0.065||+0.045|
|Mission Ready Services||0.31||-0.01|
Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...
Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...
Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...