Hollywood
Tom Cruise and Joseph Kosinski team up for Go Like Hell
MUMBAI: The movie Oblivion saw the coming together of Hollywood stars Tom Cruise and director Joseph Kosinski. Now, they have patched up for another upcoming movie, Go Like Hell for 20th Century Fox.
The movie is a battle between Ford and Ferrari for dominance in the sports car market. Based on the book Go Like Hell: Ford, Ferrari and their Battle for Speed and Glory at Le Mans written by A J Baime, the flick is being produced by Lucas Foster and Alex Young.
Cruise will be portraying Carroll Shelby who teamed up with Henry Ford II and Ford executive Lee Lacocca who challenged Ferrari in 1966 by developing the Ford GT40. The project has been under development since 2011. Michael Mann was supposed to direct the movie then and Brad Pitt was being considered for the lead role in the movie.
Cruise will next be seen in Edge of Tomorrow to be released on June 6, 2014. Oblivion collected $286 million over the world.
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.
