I've known about Arnon Milchan
(at least in general terms) since 1991, when he produced Oliver Stone's JFK
. So why did a spooky guy like that produce a film like that? This piece
tells us something about Milchan that the recent news stories are keeping hidden:
The fact that Milchan, the Hollywood producer, has been Israel's "foremost weapons procurer" for decades, brokering deals for "everything from nuclear triggers to rocket fuel to guidance systems," is seldom mentioned in the U.S. news media.
This is probably due to the fact that Milchan is also a "best friend" and business partner of Rupert Murdoch. He is also a close friend and business partner of Levin (Warner Brothers) and Eisner.
"I consider him one of my best friends," Milchan said about Murdoch, "and I think vice versa. We're having a ball. He's a very cool guy."
In 1997, after a six-year relationship with Warner Bros., Milchan became a partner with Murdoch, selling him 20 percent of his film company, New Regency Productions, for $200 million. Murdoch also invested another $30 million in Regency Television. Today, Murdoch's equity partnership with Milchan is close to 50 percent.
"Milchan's deal with Fox also assures him a level of financial security," Bardach wrote. "With Murdoch's $200 million investment and a subsequent $600 million line of credit from a team of banks led by Chase Manhattan, Milchan is well into mogul territory.
"Milchan's tony offices occupy most of Building 12, right next door to the Executive Building on the Fox lot," Bardach wrote. "And it is from this seat of power that Milchan is building an entertainment empire that could one day rival Murdoch's."
You may want to consider this story in conjunction with the "paranoid" piece published two posts down.