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Icahn claims 37.9 per cent Lions Gate stake

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MUMBAI: Billionaire investor Carl Icahn has claimed that he now has 37.9 per cent stake of Lions Gate Entertainment Corp and is likely set to push for management change.


By this Icahn and the group affiliated to him would trigger the company‘s newly adopted ‘poison pill’ provision that was designed to block the investor‘s hostile takeover attempt.


Icahn, who just had earlier this week disclosed that his hostile $7 per share tender offer had brought him to a 34 per cent stake in the company said that he achieved 37.9 per cent holding by buying shares at the New York stock exchange.


Icahn and his group believe that the more shares they own, the more influence they will have to change the make-up of Lions Gate‘s board of directors and reverse the direction that Lions Gate is now taking.


The board of Lions Gate, the studio that made films like Man Men and Saw has rejected Icahn‘s bid as too cheap. The studio said it adopted a shareholder rights plan in a move to dissuade Icahn.

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International

Russia-India cinematic spectacle Persimmon of My Love set for grand Moscow debut

Hindi cinema style musical revives Indo-Soviet cinema ties for today

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Russia-India cinematic

MUMBAI: A new chapter in cross-border storytelling is set to unfold as Persimmon of My Love gears up for its premiere in Moscow on 1 April 2026, marking the first large-scale cinematic collaboration between Russia and India in decades.

Positioned as a modern nod to the cultural exchange that once brought Indian classics to Soviet audiences, the film blends Hindi cinema flair with Russian storytelling, aiming to rekindle a long-standing cinematic friendship.

Directed by Marius Weisberg, the musical comedy follows two brothers navigating a lively world of music, family and romance. The lead roles are played by Demis Karibidis and Mikhail Galustyan, with Karibidis also contributing as a screenwriter.

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Shot entirely in India, the production leans heavily into Hindi cinema style spectacle. Filming took place across Mumbai studios and the cities of Udaipur and Jodhpur, whose architecture was used to create the fictional setting of Khurmada. A crew of over 350 worked on the project, with large-scale sequences featuring up to 1,000 extras.

The film also brings Indian creative talent into the mix. Dance sequences are choreographed by Jay Kumar, while music by Zurab Matua features songs in both Hindi and Russian, adding to its cross-cultural appeal.

Backed by TNT channel, MyWayStudio and the Russian Cinema Fund, the project reflects a broader push to strengthen cultural ties between the two countries.

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With its mix of colour, comedy and cross-border collaboration, Persimmon of My Love is not just a film release but a reminder that cinema, much like music, travels well across borders.

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