Fox heir James Murdoch has purchased a controlling stake in the company that produces the Tribeca Film Festival, joining actor Robert DeNiro in helming one of the world’s largest showcases for independent films.
Murdoch, 46, the fourth of Rupert Murdoch’s six children, acquired the stake through his Lupa Systems investment firm, which he founded in March after Walt Disney Co.’s $71.3 billion takeover of most of 21st Century Fox.
Rupert Murdoch, 88, the company’s executive…
