Friday, October 11, 2013

Austrailia's James Packer Takes a Big Gamble on Movies... With Arnon Milchan's Help

Australia's James Packer is planning Hollywood movie projects with screen legends Clint Eastwood and Warren Beatty as part of a $450 million film deal which will deliver spin-off benefits for his new Sydney casino resort. Mr Packer, whose Crown Ltd has increased in value by $3 billion in the last four months, said he "could not be thankful enough" to Mr. Arnon Milchan who helped seal the deal with Warner by vouching for his business acumen.

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