Robert De Niro's plan to buy New York Observer didn't go through after all! He has given up on owning a newspaper for now.
It seems the talks between a film-enterprise group headed by De Niro & the owner of the New York Observer have failed & are not expected to be resumed.
Craig Hatkoff, one of the founders of the Tribeca Festival, has confirmed that talks have come to a stop and won't be resumed. He says: "Unfortunately we couldn't come to acceptable terms."

Related Links:
Robert De Niro to buy New York Observer

Hollywood actor/producer/director Robert De Niro is set to produce a movie about rapper Missy Elliott.
According to reports, De Niro & his company Tribeca Films, will produce a biography movie about the rapper, but there is not title set for the movie yet.

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.

Hollywood legend Rober De Niro is going to step into the world of reality TV! He will not be acting in the upcoming show, but will be the executive producer.
The new reality TV show is still a secret, but it will air on the US television network NBC.
The only thing known about this show, and according to De Niro's partner in this idea Rj Cutler, it is very simple, its concept is very simple, yet nobody has ever thought of doing it before!