Hollywood
Five Asian world premieres compete at Tokyo fest
NEW DELHI: Five Asian films will have their world premieres in competition at the 26th Tokyo International Film Festival next month. The Festival will be held from 17-25 October.
The entries include two films from Japanese directors, Fukada Koji’s Au revoir l’été and actor-turned-director Sakaki Hideo’s Disregarded People based on George Akiyama’s novel.
Fukada’s debut film, Hospitalité (2010), debuted at the Tokyo festival three years ago in a now-retired section for local indies. His new film stars Nikaido Fumi as a teenager having a holiday romance.
Non-Japanese Asian films competing are Ning Ying’s To Live and Die in Ordos from China, Jun Robles Lana’s dramaBarber’s Tales from the Philippines, and the Kim Ki-duk produced black comedy Red Family.
Non-Asian films in the 15-strong competition include Daniele Luchetti’s drama Those Happy Days from Italy, Levan Koguashvili’s comedy Blind Dates from Georgia and Richard Ayoade’s thriller The Double from the UK.
The jury, headed by Chinese director Chen Kaige, is comprised of South Korean actress Mun So-ri, Japanese actress Terajima Shinobu, UK-Australian producer Chris Brown and American director Chris Weitz.
They are 22 Japanese feature films in the lineup, representing more than half the Asian titles. There are also six films from Taiwan, part of an already-announced special focus, and three each from China and Philippines.
The Special Screenings section includes films by Shinjo Takehiko, Kumazawa Naoto and Motoki Katsuhide alongside films directed by Luc Besson, Sofia Coppola and Steven Soderbergh.
Dante Lam’s Unbeatable and Vicki Zhao’s So Young screen in the World Focus section with Alex van Warmerdam’s Borgman (Netherlands), Amal Escalante’s Heli (Mexico) and Ulrich Seidl’s Love trilogy (Austria).
Two new competitive sections have been introduced this year, Asian Future and Japanese Cinema Splash, to replace the long-running Winds of Asia-Middle East (2007-2012) and Japanese Eyes (2004-2012) respectively.
The new Asian Future section for first- and second-time directors includes Juno MAK’s Rigor Mortis, Mikhail RED’s Rekorder and Kim Jeong-hun’s Korean Academy of Film Arts (KAFA) graduation feature Stray Dogs.
Japanese Cinema Splash, includes new films by Ogata Akira, Saito Hisashi and Matsui Daigo. It will also screen the winning film of the 35th Pia Film Festival (14-20 September 2013).
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.
