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Robert De Niro's Tribeca Enterprises sells 50 percent stake to MSG Co.

A film company co-founded by Robert De Niro called Tribeca Enterprises is selling a 50 percent stake to the Madison Square Garden Company.

The deal was announced Saturday night. It combines two major New York show business players, gives Tribeca Enterprises the marketing power of a growing sports and entertainment company, and offers the MSG Co. an entry into the film business.

The deal values Tribeca Enterprises at $45 million. The company was co-founded by De Niro and Jane Rosenthal, who will remain CEO.

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