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    'New York': De Niro to Buy 'Observer'?

    20060512deniro.jpgIt's not even a Monday and, still, New York is breaking some interesting news. (Amazing thing, that internet.) The scoop? The mag thinks Arthur Carter has finally found a buyer for the Observer.

    Who is it?

    [T]he founding trio of the Tribeca Film Festival, Robert De Niro, producer Jane Rosenthal (Meet the Fockers), and her venture-capitalist husband, Craig Hatkoff. "Nothing is signed on paper, but they're definitely looking at it, and definitely looking at it very seriously," says one insider. Says another, "They're kicking the tires."

    The idea, New York says, is that the Tribeca triad could fix the money-losing paper's financial woes thanks to "advertising synergy" with Film Festival sponsors like Amex and Pepsi. Plus, Geoffrey Gray notes in his one-paragraph report, "a Tribeca Productions-owned Observer could support Tribeca Productions projects la Talk and Miramax." Ah, yes. The Talk/Miramax model. That'll save the Observer.

    Pink Eye for the Tribeca Guys [NYM]


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