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- <text id=89TT2269>
- <title>
- Sep. 04, 1989: If He Can Make It Here...
- </title>
- <history>
- TIME--The Weekly Newsmagazine--1989
- Sep. 04, 1989 Rock Rolls On:Rolling Stones
- </history>
- <article>
- <source>Time Magazine</source>
- <hdr>
- BUSINESS, Page 52
- If He Can Make It Here . . .
- </hdr><body>
- <p> Will the film business be ruled only by foreign moguls and
- domestic mega-studios? Not if Robert De Niro can help it. The
- reclusive, renegade actor is betting his money and his
- reputation that he can deliver a convincing performance as a
- real-life film producer. De Niro's previous experience as a
- boss has been confined to playing characters ranging from Don
- Corleone in The Godfather, Part II to a film mogul in The Last
- Tycoon. But this year the 46-year-old Manhattan native became
- president of his own movie company, New York City's TriBeCa
- Productions, which already has ten film projects in early
- stages of development. In September, De Niro will open the
- TriBeCa Film Center, an eight-story converted coffee factory
- near the Hudson River that will house his production company and
- offer space to other independent filmmakers.
- </p>
- <p> De Niro decided to go into business so that he could try his
- hand at directing and producing. "I never had the full
- responsibility for a film before and never wanted it. But now I
- do," he told a reporter. "Ultimately, it's to have control."
- </p>
- <p> For his headquarters, De Niro chose an 83-year-old red brick
- building situated in TriBeCa, a trendy downtown neighborhood
- where he lives. De Niro, who will have 50% ownership in the
- building, is supervising a renovation that will leave in place
- industrial details like the giant coffee scales in his office.
- But the building's advanced features will include a 70-seat
- screening room designed by director George Lucas' production
- company.
- </p>
- <p> The atmosphere at TriBeCa will be a far cry from that of the
- big studios. "We're more relaxed," says Jane Rosenthal, a CBS
- and Walt Disney veteran hired by De Niro as his executive vice
- president. "My two dogs come to work with me." There will also
- be some indulgences at the film center. One will be the TriBeCa
- Bar and Grill, a restaurant that De Niro is opening with
- financial investments from such pals as Sean Penn, Bill Murray
- and Mikhail Baryshnikov. De Niro's new Hollywood-on-the-Hudson
- may be an upstart, but it will not suffer for lack of
- connections.
- </p>
-
- </body></article>
- </text>
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