Home » Middle East Private Equity »

|| Middle East investor group and a consortium acquired Miramax for $650 million

Disney-Miramax.jpgAn unidentified Middle East investor group and Ron Tutor, a construction executive, along with Colony Capital reached an agreement with Disney to acquire Miramax Films and its 611-film library for about $650 million - The Los Angeles Times is reporting.

In addition to distributing the library, which includes films such as "Pulp Fiction" and "Shakespeare in Love," the new Miramax is expected to produce several new movies annually. For the first year, Walt Disney Studios will distribute its movies until a new distribution operation has been formed. The buyers are expected to hire an experienced movie executive to handle day-to-day operations, including production and distribution - according to The Los Angeles Times.

To see a list of Middle East investment firms check our Middle East Investors Directory

More details from The Los Angeles Times follows

Previous Post: Bahrain-based Investcorp acquired US Legal Services Firm
Next Post: UK-based property investment fund sets up base in Dubai

More from Middle East Private Equity ...

  Middle East private equity firm Foursan invested in 3 new firms

  Middle East investor eye National Basketball Association franchises

  Middle East investors buying farmland in Canada, US and Mexico

  Middle East investors backing a new Hungarian airline

  Middle East private equity firm Investcorp acquires UK crisp maker for $152 million

  MENA Infrastructure Fund acquired 20% of Sohar Power Company

  Saudi private equity firm invested $45 million in 10 global companies

  Bahrain's Investcorp acquires Scandinavia's luxury retailer for $140 million

  MENA Private Equity Confidence Survey - Report

  Middle East investors invested $175 million in a Russian power producer

|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.

Copyright 2007-2024 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   LinkedIn    Twitter

Powered by Insightice