Will Qatar or Jay-Z Save The Weinstein Company?
The Qatar Investment Authority (QIA) is a major sovereign wealth fund investor taking stakes in a wide range of assets from real estate to luxury goods companies. The QIA is facing its own unique issues such as the GCC blockade led by Saudi Arabia, but in the past the wealth fund has taken a liking to entertainment investing whether in sports clubs, film production and other forms of media.
Doha-based beIN Media Group acquired Miramax (being held as Filmyard Holdings, LLC) on March 1, 2016 from an investor group led by Colony Capital and the Qatar Investment Authority.
The Weinstein Company was formed in 2005 by brothers Robert (Bob) and Harvey Weinstein. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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