'Return of Jedi,' 'Selena' added to National Film Registry
This year’s inductees into the National Film Registry include an epic Star Wars and Lord of the Ring films, projects starring Jennifer Lopez and the late Cicely Tyson along with films that took on racially motivated violence against people of color.
Sean Parker OK'd to buy stake in Peter Jackson's VFX studio
FILE - In this May 6, 2017, file photo, Sean Parker arrives at an event in Culver City, Calif. Tech billionaire Sean Parker has been approved by New Zealand authorities to buy a one-third stake in film director Peter Jackson's visual effects studio. (Photo by Jordan Strauss/Invision/AP, File)WELLINGTON – New Zealand authorities have approved tech billionaire Sean Parker’s purchase of a one-third stake in film director Peter Jackson’s visual effects studio. Parker needed special permission from the Overseas Investment Office because he isn’t a New Zealand resident and the Weta Digital studio is worth more than 100 million New Zealand dollars ($71 million). Weta will issue new shares for Parker, diluting Jackson's stake. In 2016, Parker and Akkaraju founded a video-on-demand startup called Screening Room, which this year relaunched as SR Labs.