NEW YORK – Actor Robert Redford has sold the Sundance mail-order catalog business to private equity firms ACI Capital and Webster Capital.

Did Robert Redford sell Sundance Catalog?

In 2004, Mr. Redford sold the Sundance Catalog to ACI Capital and Webster Capital, in a deal valued between $20 million and $40 million, The Wall Street Journal reported at the time.

Who owns Sundance Catalog?

Actor and Sundance founder Robert Redford and Sundance Catalog CEO Bruce Willard together sold the $70 million business on July 2 to a partnership of Boston-based Webster Capital and New York-based ACI Capital for an undisclosed amount. According to reports, the deal is valued between $20 million and $40 million.

What store does Robert Redford own?

Famed actor, director and visionary of independent filmmaking, Robert Redford founded Sundance Catalog in 1989 to promote the works of artists and craftspeople from across the country and around the world.

What does Robert Redford have to do with Sundance?

Enter Robert Redford's Sundance Institute, which launched its first feature film lab in 1981, and created a seminal resource for working outside the system still unparalleled in the U.S. today.

Sundance Catalog Store Founded by Robert Redford in Fairfax, Virginia

Did Robert Redford sell the Sundance Resort?

SUNDANCE, Utah, Dec. 11, 2020 /PRNewswire/ -- Robert Redford has agreed to sell the Sundance Mountain Resort to Broadreach Capital Partners and Cedar Capital Partners.

How much land does Robert Redford own in Sundance?

It is informally named after his 1998 movie, “The Horse Whisperer.” Redford began buying property in Utah in the 1960s. In 1969, he bought the first land that became Sundance Village and Sundance Mountain Resort. Today, he owns about 1,800 acres in the Sundance area.

Is Sundance a Mormon company?

The Sundance Film Festival was the original idea of Mormon and Brigham Young University graduate Sterling Van Wagenen who, while working for the Utah Arts Council in the '70s, wanted a new type of film festival in Utah focusing on showcasing independent films.

What resort does Robert Redford own?

The Sundance History

In 1969, Robert Redford bought the land now known as Sundance and envisioned the careful growth of a community committed to the balance of art, nature and community.

How many acres does Robert Redford have?

Redford is an environmentalist that is committed to preserving land for future generations. While he was owner of Sundance Mountain Resort, he preserved 1,845 acres of its 2,600 acres through a conservation easement and protective covenants.

Does Robert Redford own SundanceTV?

After negotiations during 1994 broke down to turn Robert Redford into a partner in AMC Networks predecessor Rainbow Media's Independent Film Channel, Redford launched Sundance Channel in February 1996 as a joint venture between Showtime Networks (then a division of Viacom, later owned by CBS Corporation and ...

What did Netflix buy at Sundance?

Director/Writer: Chloe Domont. The film is Domont's feature film debut after making a name for herself directing shorts and television episodes of Billions, Suits, and Ballers.

Why is Sundance called Sundance?

The Name "Sundance"

Redford purchases 5,000 acres in the same area and names the land Sundance, after his role in Butch Cassidy and the Sundance Kid. That same year, he opens Sundance Mountain Resort to the public and designates a vast majority of the land as a wilderness preserve.

Does Robert Redford watch his own movies?

He is the founder of the Sundance Film Festival, which he named after his character from the movie Butch Cassidy and the Sundance Kid (1969). Dislikes watching his own films. The only film in which he was completely satisfied with his own performance was The Sting (1973).

When did Redford sell Sundance?

Actor, filmmaker and activist Robert Redford announced Friday, Dec. 11, 2020, that he is selling the resort he opened in 1969 to two investment companies, Broadreach Capital Partners and Cedar Capital Partners, for an undisclosed sum. | Dec. 11, 2020, 2:30 p.m.

Does Robert Redford have a house in New Mexico?

Although Redford owns homes in California; Santa Fe, New Mexico; and another ranch in Sundance that he hopes to expand, he holds wonderful memories of the Utah property, says Bishop.

What city in Utah does Robert Redford live in?

At 84 years old, silver screen legend Robert Redford has lived a life that has taken him around the globe, but Sundance, Utah, is particularly special to the Oscar winner.

Who owns Sundance ski resort now?

New ownership

Robert Redford reached an agreement to sell the 2,600-acre resort to Broadreach Capital Partners and Cedar Capital Partners. He announced the sale to employees on December 11, 2020.

What hotel chain does the Mormon Church own?

Marriott, whose namesake founding family is active in the Mormon church, has been putting the Bible and the Book of Mormon in its rooms since opening its first hotel in the late 1950s.

What companies do Mormon own?

Where does Robert Redford spend most of his time?

Go inside Sundance beyond the film festival and the ski slopes. For over 50 years, Robert Redford's Sundance Resort in Utah has been a prominent incubator for achievements in cinema, culture, and conservation. The lodging and skiing are pretty swell too.

Did Robert Redford own horses?

Redford bought the ranch in 1996 as a place to keep his horses and nicknamed it after the movie he was working on at the time.

Who founded Sundance Institute with Robert Redford?

The Sundance Institute's 1981 founding Board of trustees included Robert Redford, Sterling VanWagenen, Robert E. Gipson, Ian Calderon, Robert Geller, George White, Irving Azoff, Saul Bass, Ian Cumming, Frank Daniel, Christopher Dodd, Moctesuma Esparza, Dr.