Actor n Newspaper

Oscar-winning actor Robert De Niro is planning to buy The New York Observer, along with film producer Jane Rosenthal and her husband, Craig Hatkoff. The high-powered trio, who launched New York's Tribeca Film Centre and Festival in 1990, are meeting Arthur Carter to discuss purchasing the Manhattan weekly. The paper has been snubbed by many potential buyers after reportedly making huge losses, but if he takes it on, De Niro hopes corporate giants like L'Oréal will invest.