According to many reports, Robert De Niro is planning to buy the New York Observer newspaper.
De Niro is known for his love of current affairs, thus buying a newspaper is very appropriate! It seems he has joined forces with Jane Rosenthal to arrange a deal to buy the paper.
De Niro is hoping to attract corporate giants such as L'Oreal to pour cash into the project and turn the highbrow Manhattan weekly's fortunes around, reports the New York Post.