Qatar’s Role in Gaza Crisis Complicates Hollywood, Media Investments

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The small, oil-rich Gulf nation invested in Peter Chernin’s North Road, Elon Musk’s Twitter and Miramax – but is now brokering for hostages

Qatar and Hollywood
Qatar and Hollywood

With a guest list made up of high-level venture capitalists and tech executives from the likes of Coatue Management and 500 Startups, the upcoming Web Summit Qatar was positioned as a kind of coming-out party for the nation as a business and entertainment force to be reckoned with. Now, weeks after the terrorist attack by Hamas against Israel, those plans are in jeopardy. Coatue and others abruptly canceled their plans earlier this month even though for now the Web Summit is still set for February of next year.  

For years Qatar, a monarchy that borders Saudi Arabia, has sought to use its vast oil wealth to establish itself as a hub for media, culture and entertainment despite its minuscule size (population 2.7

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