The UAE government-controlled investment fund announced today the creation of Imagenation Abu Dhabi. The cleverly named SWF will invest over $1 billion in up to eight Warner Brothers feature-length films each year over the next five years.
We know from experience, Hollywood welcomes foreign investment (heck, investment of any kind) with open arms. Now that heavily leveraged private equity firms are a scant sight on the boulevard, even the empire’s culture industry is up for grabs.
We know from experience, Hollywood welcomes foreign investment (heck, investment of any kind) with open arms. Now that heavily leveraged private equity firms are a scant sight on the boulevard, even the empire’s culture industry is up for grabs.
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