Tribeca Enterprises will most probably get $22 mil for 50% of its shares. Robert De Niro co-founded the film festival owned by this company after the attacks from 9/11. MSG will use Madison Square Garden and the Radio City Music Hall plus some marketing skills to grow the brand and the festival.
Robert De Niro together with Craig Hatkoff and Jane Rosenthal founded Tribeca Enterprises to grow the local economy after the attacks on the World Trade Center.