Hollywood
Sony Pictures unveils exciting 2015 line-up
MUMBAI: Starting the year with the comedy Sharafat Gaye Tel Lene hitting theatres on 16 January 2014, Sony Pictures has a fantastic lineup of movies that include Hollywood comedy The Wedding Ringer about a best man on hire, starring top comic Kevin Hart, Josh Gad and Kaley Cuoco-Sweeting.
That is not all! Neill Blomkamp’s Chappie with Sharlto Copley, Dev Patel and Hugh Jackman is next on the list, featuring a story about a robot with the ability to think and feel for himself.
Summer releases include the successful horror franchise Insidious, which takes the story back to the beginning. This will be followed by Pixels, a unique action comedy about aliens, directed by Chris Columbus and the comedy Grimsby, co-written by Sacha Baron Cohen.
After which, the film, Ricki and The Flash directed by Jonathan Demme will feature a story about an ageing rocker played by Meryl Streep.
The last quarter of the year will see Robert Zemeckis’ The Walk starring Joseph Gordon-Levitt and Ben Kingsley, based on the true story of high-wire artist Philippe Petit’s attempt to cross the Twin Towers of the World Trade Center in 1974.
The year ends with a bang with the highly anticipated James Bond film, Spectre releasing in early November, followed by the Genndy Tartakovsky-directed follow-up to the record-smashing Hotel Transylvania.
Sony Pictures India managing director Kercy Daruwala said, “In 2014 we released the biggest film of the year with The Amazing Spiderman 2 and consolidated our leadership position with five out of the top ten Hollywood films in India of all time. Our 2015 line-up promises an even more exciting year ahead, with the distribution of some local films, the scope of a sure-shot blockbuster like Spectre plus a very rich variety of other promising titles.”
Sony Pictures India director of marketing Divya Pathak added, “2014 was a very exciting and challenging year for us in which we took movie marketing where it’s never gone before, to all corners of the country, with franchises like Spider-Man. We are enthusiastic about our diverse and unique 2015 line-up and look forward to reaching new heights in marketing innovation.”
Sony Pictures India director of sales Appu said, “Our fantastic slate in 2015 holds equal promise for both audiences and exhibitors. With the Bond film slated for a release in the next diwali season, we intend to literally light up the box office.”
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.
