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The Dubai Connection

12-09-2007, 06:25 AM

spicynacho spicynacho is offline

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Member since:Nov 2007

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.

Quote:

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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