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Old 12-09-2007, 06:25 AM   #1
spicynacho spicynacho is offline
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Default The Dubai Connection

Could the king of Dubai be the king maker for the format war? Maybe I am reading into this but the same company is pooring money into Sony, news corp (Fox), Time warner (WB), and Disney. What an unlikely group, wonder what else they have in common. I am probably just reading too deeply into this story.

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Warners isn't alone in seeing capital from petroleum-rich investors flow in. Sony, News Corp., Time Warner and Disney all have received investments from the region. Other top media execs say they are open to such deals, suggesting a new pipeline soon could bring a gusher of oil money to the industry.
http://www.hollywoodreporter.com/hr/...0b01593c1774a8
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Old 12-09-2007, 06:58 AM   #2
sardaukar1977 sardaukar1977 is offline
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huh?
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Old 12-09-2007, 07:07 AM   #3
darinp2 darinp2 is offline
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I asked about this before, but I don't think that means the same people are making the investments. My thinking before was if the person who invested in Sony had also invested in Time Warner, then maybe he or one of his people could let Time Warner know that as a major shareholder, they would prefer to see Time Warner move toward Blu-ray.

--Darin
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Old 12-09-2007, 10:42 AM   #4
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that's the way it works. i see nothing wrong in believing that investors from dubai want their companies to do well. by the way, have you seen the new dubai tower they are building? it's frickin amazing.

One of the contractors of the Burj Dubai super skyscraper is Samsung Engineering. Actually, Samsung and a Belgian company are the main forces behind building the skyscraper.

Last edited by 181; 12-09-2007 at 10:50 AM.
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Old 12-09-2007, 01:48 PM   #5
spicynacho spicynacho is offline
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Originally Posted by sardaukar1977 View Post
huh?
If this tight knit group of oil investors from the middle east know that the entertainment companies they have invested in have a common goal of Blu Ray. Then they add Time Warner and WB to their portfolios, they can tell the folks over at WB, "quit it with this HD DVD non-sense, go blu ray and make us some money." The same article mentions how universal and viacom (parent of paramount i believe) are foaming at the mouth for for their own oily sugar daddy.
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Old 12-09-2007, 01:53 PM   #6
Zaphod Zaphod is offline
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Probably just reading too much into it. They are an invetment group whos single goal is to make money. They are investing based on valuation of these companies. Right now their stock prices are at low levels in relation to their valuation and this is a win-win situation. If Toshiba and Microsoft were on the flip side of the coin and had a winning hi-def format, the opposite might be true. They are going to go with companies with the highest ROI.
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Old 12-09-2007, 02:26 PM   #7
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You're reading too much into it. I don't think they care very much who wins the format war. They're just sick and tired of holding US gov bonds and they want something else
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Old 12-09-2007, 03:29 PM   #8
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Quote:
Originally Posted by actionhank View Post
You're reading too much into it. I don't think they care very much who wins the format war. They're just sick and tired of holding US gov bonds and they want something else
I agree..USA still have studios so they must be owned as well.
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