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Hollywood casts spell on son of Gaddafi

Saadi Gaddafi, the son of Libyan leader Muammer, has financed his first US film, joining the long list of investors to fall under Hollywood's spell ranging from Japanese electronics groups to oil barons to soft drinks companies.

Mr Gaddafi has backed The Experiment, a remake of a German thriller that will be released this year and stars a pair of Oscar winners, Adrien Brody and Forest Whitaker.

Mr Gaddafi is one of a handful of Middle Eastern investors entering an industry that is desperate for new funding. The private equity groups and hedge funds that dominated film investing in recent years fled in the wake of the financial crisis.

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