In the wake of the Harvey Weinstein sexual assault scandal, in late October 2017, it was reported that Colony Capital LLC had proved hesitant to purchase Weinstein Co. In October 2017, Colony entered discussions to purchase The Weinstein Company, a movie and TV production studio that sustained damage after its co-founder, Harvey Weinstein, was accused of multiple counts of sexual harassment over three decades. In September 2017, Colony NorthStar agreed to sell its Townsend Group unit to Aon for $475 million. (NYSE:NSAM) and NorthStar Realty Finance Corp. (NYSE:CLNY), NorthStar Asset Management Group Inc. (NYSE: CLNS) was formed through a tri-party merger between Colony Capital, Inc. In December 2010, Colony purchased Miramax from Disney with Qatar Investment Authority, Tutor-Saliba Corporation and The Weinstein Company as part of a joint venture called Filmyard Holdings for $663 million. The New York celebrity photographer had been in financial difficulty and in danger of losing to her previous lender, ArtCapital, the rights to her photographs and negatives and her three Greenwich Village townhouses. In March 2010, Colony arranged a financing and marketing package for Annie Leibovitz. Jackson earned a total of US$35 million when he agreed to the joint venture between himself and Colony Capital. It is still unclear whether Colony Capital has a part in the property. Londell McMillan) and an affiliate of Colony Capital. On November 11, 2008, Michael Jackson transferred the title of his 2,700 acre estate Neverland Ranch to Sycamore Valley Ranch Company LLC, a joint venture between Jackson (represented by attorney, L. Founder, Chairman, and CEO Thomas Barrack said it "could have been the worst investment ever" in terms of timing. The subsequent economic downturn caused Station Casinos to declare bankruptcy in 2009, and when it emerged in 2011 Colony Capital owned a much smaller portion after providing more cash. On February 25, 2007, it signed a definitive agreement to take Station Casinos private in a 75%/25% split with members of the founding Fertitta family for US$5.5 billion, or US$90/share. On April 10, 2006, it acquired French professional football team Paris Saint-Germain. On January 30, 2006, it acquired Fairmont Hotels and Resorts of Toronto, Ontario with Kingdom Hotels International as a joint partner for US$3.24 billion. This included the 41 hotels and resorts operated under the Raffles Hotel and Swissotel brand names. History Early investments Ĭolony purchased Raffles International on July 18, 2005. In 2010, DigitalBridge, then still Colony Capital, was reported to manage about $30 billion in investments. Headquartered in Boca Raton, DigitalBridge has key offices in Los Angeles, New York, London, and Singapore. The company owns, invests in and operates businesses such as cell towers, data centers, fiber, small cells, and edge infrastructure. is a global digital infrastructure investment firm. Towers, Data centers, Small cells, Fiber, Edge infrastructure, Investment management, Digital operatingĭigitalBridge Group, Inc.
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