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Looking for new digs? Well if you're a person or a couple of means, you could snare film producer Bob Weinstein's place on Central Park West in Manhattan, The Wall Street Journal reported Wednesday (Subscription required).Continue reading House hunting? How about this spread in the capital of the world
The Allen & Co. conference – which is this week – is the venue for media moguls to talk and possibly strike deals. Well, there is already a deal.
Actually, it's a new company. And, the initial principles include some heavy hitters: Robert Johnson, who is the founder of BET television, and Bob and Harvey Weinstein, who co-founded Miramax Films.
The name of the new company is Our Story Films. And it is targeted at African-American audiences.
It's a good idea. After all, BET television is a mega success. In fact, it is now owned by media giant Viacom.
There are also a variety of money-making movies focused on the African-American community, such as "Barbershop" and "Diary of a Mad Black Woman."
No doubt, the Rolodexes of Johnson and the Weinsteins is absolutely stellar. This is critical – because, of course, movies cost a fortune and require complex alliances and partnerships, as well as access to creative talent.
So far, Our Story Films has the backing of $175 million from JP Morgan Chase.
Not too shabby for a newly minted startup.
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