Murdoch, Hollywood Rolling out Red Carpet for Saudi Crown Prince

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CREDIT: REX/SHUTTERSTOCK

 

30 March 2018 | Brent Lang | Variety

Hollywood is rolling out the red carpet for Mohammed bin Salman, the crown prince of Saudi Arabia.

Rupert Murdoch will host a dinner for the Saudi leader on Monday night at his Bel Air estate, according to knowledgeable insiders.

Saudi prince sells image of evolving kingdom from DC to Hollywood A leaked itinerary shows that Crown Prince Mohammed bin Salman is meeting presidents, media moguls and business titans on his whirlwind three-week tour of the US

The guest list is filled with moguls and A-listers. Disney chief Bob Iger, Warner Bros. CEO Kevin Tsujihara, Universal Filmed Entertainment Group chairman Jeff Shell, NBCUniversal vice chairman Ron Meyer, and 21st Century Fox president Peter Rice. Other investors and media barons are expected to attend, but the dinner is being masked in secrecy.

Crown Prince Salman Will Face Planned Protests In Los Angeles, Starting In Front Of WME The Prince will be coming from a meeting with Los Angeles Mayor Eric Garcetti to talk about investment in Los Angeles

A spokesman for 21st Century Fox, Murdoch’s media empire, declined to comment. The dinner will likely bring together Murdoch and Iger at a time when Disney is trying to wrap up its $52.4 billion purchase of the bulk of Fox’s film and television assets.

Bin Salman will also reportedly meet with WME CEO Ari Emanuel and Apple CEO Tim Cook during his trip to the West Coast. The move comes as Saudi Arabia is lifting a three-decade ban on movie theatersand ramping up its investments in media.

Saudi Arabia Buys $400 Million Stake in Ari Emanuel’s Hollywood Agency The 32-year-old crown prince also has big economic plans, and over three weeks in the U.S. he will meet businessmen in New York, tech mavens from Google and Apple Inc.

The country is launching a $64 billion fund to support entertainment projects, with some $10 billion of that money earmarked for film investments. New movie theaters in Saudi Arabia could open as early as April.

The Crown Prince has been on a multi-city tour of the U.S. His trip has included an Oval Office sit down with President Donald Trump. CNNfirst reported the news of Murdoch’s dinner.

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