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Hollywood rolls out the red carpet for Saudi Arabia's crown prince, hoping to cash in on a new market [Los Angeles Times (CA)]

WALT DISNEY (DIS)  More Company Research Source: Los Angeles Times
Last walt disney earnings: 2/6 04:05 pm Check Earnings Report
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PDF Hollywood rolls out the red carpet for Saudi Arabia's crown prince, hoping to cash in on a new market Mohammed bin Salman, the 32-year-old crown prince of Saudi Arabia, is sure to be treated like a movie star when his tour of the United States comes to Los Angeles this week. The royal heir apparent, who learned English by watching films as a child, is expected to dine at producer Brian Grazer's Santa Monica home, attend an event at Rupert Murdoch's Bel-Air estate and meet with show business power players, including talent agency boss Ari Emanuel and Walt Disney Co. Chief Executive Bob Iger. Mohammed's trip to Los Angeles — part of a coast-to-coast American tour marked by meetings with President Trump and Silicon Valley bigwigs — has elicited excited curiosity among entertainment industry executives who see the desert kingdom as a lucrative new market for movies — and a potential source of much-needed financing. Hollywood's biggest foreign financial partner, China, has mostly stopped w [Read more]

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