www.tuftsdaily.com/alums_tisch%252C_stewart_name_compan -
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Published on: 9/19/2008
Last Visited: 9/19/2008
Jonathan Tisch (A '76) and Jeffrey Stewart (LA '90), two prominent alumni who maintain close ties to the university, announced on Monday the formation of a new media firm named in honor of their alma mater.
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Stewart, Walnut Hill Media's primary managing executive and a trustee at the Jonathan M. Tisch College of Citizenship and Public Service, said that what distinguishes his new company is the breadth of expertise it can offer its clients.
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Stewart has been a senior executive at Loews Hotels for 10 years and previously worked in politics.
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Stewart said Tisch's credo will guide Walnut Hill Media, which is named for the hill on which Tufts' campus lies.
"It really is about relationships, and even in the deals we look to invest in , we really are looking to invest in relationships," he said."We're looking to do business with people that we respect, that we trust, that share our values [and that share] Tufts' values."
According to Stewart, the deal with Tribeca Enterprises fits the bill."That business started with the Tribeca Film Festival, and the festival itself is interesting in that they started that after 9/11 as a way to help rebuild Lower Manhattan and revive the community," he said."Since that time, it has grown into a well respected , entertainment brand."
Tisch and Stewart's goal is to expand the niche of an enterprise that has already gained international acclaim."[Tribeca Enterprises is] a company that's doing very well where it is today, and to help bring it to the next level — that's the guiding philosophy [at Walnut Hill].We're looking to be a catalyst investor where, with some capital plus ,value add,' we're looking to bring that to the next level," Stewart said."Our ,value add' can be management experience, creativity [or] relationships in the business world, in the media world or in the government and political world."
Stewart said that he and Tisch first met at a Tufts alumni event approximately 15 years ago.Stewart, who had been working for Sen.
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"I think one of the things that I really loved about my experience at Tufts was the notion of being an active citizen," Stewart said."I really think it's in the fabric and the DNA of Tufts, and when I look at things today, I think the way things exist in the world, we no longer have the luxury of [having] only those who choose to engage in a life of public service be the ones who are involved in serving their community."
Stewart highlighted a television show that Walnut Hill Media has invested in that, like Tribeca Enterprises, began with helping a community in mind.
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"Family Court with Judge Penny is really different than the other [court shows] out there," Stewart said.
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Walnut Hill Media began operations some months ago, but waited to go public until it had finalized some deals and gotten off the ground, according to Stewart.
"We wanted to be able to talk a little bit more about some of the things that we would be doing, as opposed to just putting out the company name and saying, ,We're open for business,'" he said.
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Stewart said he uses a similar palette of skills at Walnut Hill Media as he does when working as a trustee at the Tisch College."I chair the communications committee and we're working on coming up with a whole communications strategy and plan," he said.
"For me, the friendships that I made at Tufts continue to be incredibly meaningful," added Stewart, who will be traveling to Las Vegas next month with his college friends for a collective celebration of their 40th birthdays.
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To clarify: The printed article lists Stewart as LA '00.
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Help me out here ... Stewart graduated in 2000 and is celebrating his 40th birthday?I understand people take educational breaks, but shouldn't that be explained since you go into great detail about their career intersections?Maybe he graduated in 1990, which would put him right about online to be 40 years old in a standard graduate-in-4-years pattern. Add comment