12/6/12, "Matt Damon Surprised To Learn His Anti-Fracking Film Was Funded By Foreign Oil Wealth," CNS News, Mike Ciandella
"Actor Matt Damon was surprised to learn his new anti-natural gas
fracking movie was funded in part by Mideast oil nation the United Arab
Emirates (UAE). Hydraulic fracking is a technique used to get natural
gas out of the ground which could help make domestic natural gas a
cheaper competitor to foreign oil.
"The Promised Land," starring Damon and John Krasinski of "The Office," is being financed in part by Image Nation, a film company completely owned and operated by the government of the UAE.
Damon was asked about the foreign-oil funding by documentary director
Phelim McAleer at a Dec. 3 promotional event in New York. McAleer, who
is directing the upcoming pro-fracking film "Frack Nation," asked Damon:
"How does it feel to be a fully-paid advocate for an oil-rich Middle Eastern government - and, doesn't that really negate any artistic
credibility... that 'The Promised Land" might have?"
Damon, who also serves as writer and producer on the movie, replied,
"[T]he first time we were aware that Image Nation was involved with our
movie was when we saw the rough cut and saw their logo."
Damon explained that part of the funding comes from Participant Media
which has a "blind slate deal" with Image Nation that pays for ten
percent of all of Participant's films. Participant is known for making
liberal issue movies such as "Food Inc.," "Syriana," and "An
Inconvenient Truth."
Many oil-rich nations stand to lose a substantial amount of income if
fracking opens up an alternative fuel source inside the United States.
Crude oil represents a full 45 percent of the UAE's exports, according
to the CIA World Factbook.
The Heritage Foundation
had previously reported on Damon's conflict of interest, noting that
there was "a direct financial interest on the UAE's part in slowing the
development of America's natural gas industry."
"Hollywood elites such as Matt Damon don't seem to think that the
rules they want to impose on the rest of us apply to them," McAleer told
the Media Research Center." via Tom Nelson. photo of Image Nation Chairman Mohammed Al Mubarak
---------------------------------------------------------------
from Image Nation website:
"Launched in 2008 as a subsidiary of Abu Dhabi Media, Image Nation has
rapidly become one of the world’s leading feature film producers."
.
George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.
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