Napster's Sean Parker yet to seek OIO approval for Weta Digital stake

Tue, 17 Sep 2019

By Paul McBeth Sept. 18 (BusinessDesk) - Silicon Valley billionaire Sean Parker's representatives have discussed his planned investment in Weta Digital with the Overseas Investment Office, but are yet to lodge a formal application. Weta and Parker announced the deal last week, which will see Parker take a minority stake in the Wellington-based digital and cinematic effects firm which has built a global reputation working on blockbuster movies. US-based representatives for Weta wouldn't provide any more detail. Parker co-founded the c...

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