Tuesday, April 21st17.3°C
25936
24644

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.

The Canadian Press


Read more Business News

25866


Recent Trending




Today's Market
S&P TSX15319.66-92.94
S&P CDNX699.51-4.14
DJIA17964.73-70.20
Nasdaq5019.67+25.07
S&P 5002099.23-1.17
CDN Dollar0.8137-0.0039
Gold1201.70+8.20
Oil55.28-1.10
Lumber244.00-4.40
Natural Gas2.577+0.041

 
Okanagan Companies
Pacific Safety0.12+0.00
Knighthawk0.010.00
QHR Technologies Inc1.41-0.01
Cantex0.035+0.005
Anavex Life Sciences0.44+0.06
Metalex Ventures0.10+0.02
Russel Metals26.89-0.53
Copper Mountain Mining1.07-0.03
Colorado Resources0.105-0.005
ReliaBrand Inc0.005+0.001
Sunrise Resources Ltd0.04+0.00
Mission Ready Services0.18-0.00
Decisive Dividend Corporation1.80+0.15

 



24947

FEATURED Property
17869501916 Boone Court, Kelowna, BC
10090167 bedrooms
$750,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...


Living with Plan B

“It does not do to leave a live dragon out of your calculations, if you live near him.”― J.R.R. Tolkien, The Hobbit Photo: Thinkstock.comHuman beings are optimists by nature. Whether...


Reverse mortgage solution

With the housing and financial markets on solid footing, some retired Canadians may consider cashing in their growing assets to enjoy vacations and major home renovations. Others, on the other hand, a...

_



25979

25979


Member of BC Press Council


24875