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iW NEWS | Walnut Hill Media Forms

iW NEWS | Walnut Hill Media Forms

Walnut Hill Media, LLC, today announced its formation, a privately held company backed by Tisch. The co-founders of Walnut Hill Media are Jonathan M. Tisch, whose role as Chairman and CEO of Loews Hotels remains the same, and Jeffrey Stewart. Stewart will serve as the company’s primary managing executive. Walnut Hill Media will act as a catalyst investor for selectively evaluated media deals. The company has made an initial multi-million dollar investment in Tribeca Enterprises, the parent company of the Tribeca Film Festival and related entities. This investment will be used to expand Tribeca’s media activities under the Tribeca Film brand and make the brand accessible to consumers on a global level. [Peter Knegt]

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