Paradigm Talent Agency, which made its entrance into the European market by acquiring a 50% stake in London-based CODA Music Agency in January 2014, has partnered with X-ray Touring and Ron Burkle’s Yucaipa on its latest venture, the companies announced today. 328 more words
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Ron Burkle can finally check into Morgans Hotel Group and its 878-room Hudson Hotel on Columbus Circle after a three-year wait.
His Yucaipa Cos. led a group of buyers early Wednesday morning that closed a deal to buy the boutique hotel operator for $2.25 a share, or $805 million, the parties confirmed. 210 more words
“El Cantante” told the story of Hector Lavoe, a Puerto Rican salsa star who spiraled into drug addiction and died of AIDS complications in 1993. Released in 2006, and starring then-newlyweds Marc Anthony and Jennifer Lopez, the independent film flopped at the box office, grossing just $7.5 million. 727 more words
Producer Julio Caro has been sentenced to 18 months in federal prison for stealing nearly $1.5 million from billionaire Ron Burkle’s Yucaipa Corporate Initiatives Fund. 160 more words
Julio Caro, a manager and former producing partner of Jennifer Lopez, has agreed to plead guilty to embezzling nearly $1.5 million from billionaire Ron Burkle’s investment fund, federal prosecutors announced Friday. 309 more words