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Lions Gate out of MGM bidding process

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MUMBAI: The declination of Lions Gate Entertainment to submit a new bid indicates that the company seems to have dropped out of the bidding process for Metro-Goldwyn-Mayer (MGM). A public statement to this effect has however not been issued.


Neither has Time Warner nor another bidder, Access Industries, run by the billionaire Len Blavatnik has bid more than $1.5 billion. It is said that MGM asked its lenders on Wednesday for more time to reorganise its debts as it considered the takeover bids. But MGM‘s creditors are unlikely to be happy with any proposal under $2 billion. 


Lions Gate has come under pressure from Carl C. Icahn, an activist shareholder, to abandon any bid for MGM. Icahn, who already owns 18.9 per cent of Lions Gate, has however gone ahead and bid for the studio.


Both Lions Gate and Icahn have been engaged in a war of words last week after the former rejected his offer of $6 a share as inadequate.

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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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