Hollywood
Disney’s ‘Star Wars: The Force Awakens’ crosses $2 billion global box office mark
MUMBAI: Star Wars: The Force Awakens has crossed the $2 billion mark worldwide on 6 February, which was its 53rd day of release, thus becoming only the third film ever to do so and just the second to do it in original release.
Additionally, the movie also crossed the $900 million mark at the North American box office and is the only film in history to reach this milestone.
“This is a historic moment for Star Wars, for Lucasfilm, and for Disney, and all of us here are extremely gratified to be a part of this journey with fans around the world who have made Star Wars: The Force Awakens such an extraordinary success. The film’s achievements are truly astounding, and it’s our great honor to relaunch this cinematic galaxy not only for all the devoted decades-long fans but for a new generation who will keep the Star Wars legacy alive for many years to come,” said The Walt Disney Studios chairman Alan Horn.
Through 4 February, Star Wars: The Force Awakens earned an estimated $899.1 million in North America and $1,095.6 million internationally for a global total of $1,994.7 million. Opening internationally 16 December and in the US on 18 December, Star Wars: The Force Awakens posted the all-time biggest global and domestic debuts with $528.9 million and $247.9 million respectively.
Over the course of its eight-week run, it has set numerous other records, including:
– Biggest domestic preview gross ($57 million)
– Biggest opening day domestically ($119.1 million)
– Biggest domestic second weekend ($149.2 million)
– Biggest domestic third weekend ($90.2 million)
– Biggest opening week domestically ($390.8 million)
– Biggest opening weekend in 18 territories: UK (4-day), Australia, Russia, Germany, Sweden, Norway, Finland, Austria, Poland (3-day), Denmark (5-day), Romania, Hungary, Bulgaria, Croatia, Ukraine, Iceland, Serbia, New Zealand
– Fastest film to $1 billion globally (12 days)
– Biggest film of all time in the US and the UK
Directed by J.J. Abrams, written by Lawrence Kasdan & Abrams and Michael Arndt, and produced by Kathleen Kennedy, Abrams and Bryan Burk, Star Wars: The Force Awakens was named one of AFI’s top ten films of 2015 and has received five Academy Award nominations, for film editing, visual effects, sound editing, sound mixing, and for series composer John Williams’ original score.
The Star Wars Saga continues 15 December, 2017, in Star Wars: Episode VIII, picking up in the wake of Star Wars: The Force Awakens. Later this year, Rogue One, a new adventure detailing events prior to Star Wars: A New Hope, will take flight on 16 December, 2016.
Hollywood
David Zaslav could net up to $887m as Warner Bros Discovery sells up
Media mogul strikes gold as Paramount Skydance deal triggers massive windfall
NEW YORK: While the average office worker might hope for a nice clock and a round of applause upon leaving, David Zaslav is looking at a slightly more substantial parting gift. The chief executive officer of Warner Bros Discovery is positioned to receive a windfall of up to $887 million following the company’s blockbuster $110 billion sale to Paramount Skydance.
In a twist of corporate fate that feels scripted for the big screen, the deal marks the finale of a high-stakes bidding war. It comes after Netflix, once the frontrunner, decided to exit stage left and abandon its pursuit of the HBO Max parent company.
While most people receive a standard final paycheck, the filing released on Monday suggests Zaslav’s exit package is built a little differently. If the deal closes as expected in the third quarter of 2026, the numbers break down like this:
The cash out: A severance package of $34.2 million, covering his salary and bonuses.
The equity: $115.8 million in vested shares he already owns.
The future fortune: A massive $517.2 million in unvested share awards, essentially “future stock” that turns into real money the moment the ink dries on the merger.
Perhaps the most eye-catching figure is the $335 million earmarked for tax reimbursements. However, this particular pot of gold has an expiration date.
The company noted that these reimbursements are tied to specific tax-code rules that significantly decline as time passes. If the deal hits a snag and drags into 2027, that tax payout drops to zero. With hundreds of millions on the line, the chief executive officer likely has every incentive to ensure the closing process moves at double-speed.
