ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Wednesday, March 20, 1996 TAG: 9603200080
SECTION: NATIONAL/INTERNATIONAL PAGE: A-6 EDITION: METRO
DATELINE: PARIS
SOURCE: The Washington Post
American pop star Michael Jackson and Saudi tycoon Prince Waleed bin Talal announced Tuesday the launching of a mammoth show-business venture designed to promote ``family values'' throughout the world.
The two friends, who began planning their mega-project when they met 18 months ago at the Euro Disneyland theme park outside Paris, told a news conference that they intend to develop films, concerts, theme parks, hotels, restaurants, television programs and comic books that would respond to a yearning for global family entertainment.
The partnership, known as Kingdom Entertainment, was described by Jackson as ``a long-awaited dream come true.'' He said he had discovered during his relationship with King Fahd's nephew - whose holdings in half a dozen countries are estimated to be worth $10 billion - somebody who shared the same goals and strategies ``for the development of a total integrated global entertainment complex.''
``The prince and myself will combine human and financial resources to be successful in all phases of the multimedia revolution,'' Jackson said.
LENGTH: Short : 31 linesby CNB