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Hollywood’s perception of Bollywood: Ashok Amritraj

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MUMBAI: More than just a Q& A session, it turned out to be a live session of Koffee with Karan at the Ficci Frames. Except that, this time around there were no Bollywood stars on the show. Karan Johar, one of the most successful Bollywood Producers had his frothy Koffee with Ashok Amritraj, the most successful Indian producer to have made a mark in Hollywood.

To begin with Johar got Amritraj talking about his initial struggle days in Hollywood. Taking the audience through his early days, this tennis star and now a Hollywood tycoon said, “In the early 1980s, I had gone to the U.S., to play tennis but I had always wanted to make movies. I soon realized that it was a very white world out there, and it wasn’t really multicultural as it is today.”

And, with time Amritraj managed to break into the Hollywood circuit and has produced more than 80 films in the past 20 years. Currently, he is the chairman and CEO of Hyde Park entertainment and some of his best known films are Bandits, Bringing down the House and Raising Helen.

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Talking of how Hollywood perceives Bollwood, the film tycoon said, “There is a lot of hype being generated in the US about India as the country is slowly being recognized as a global economy. Also, there is a lot of curiosity about our culture and tradition, but, somehow that does not mean that Indian films are getting more eyeballs in America.”

The discussion got more interesting as Johar queried Amritraj on how Indian film makers can penetrate the global markets and on the making of crossover films. “I think the European market is now more receptive to Indian movies, especially countries like Germany and France, but films like Parineeta , Kuch Kuch Hota could have been distributed better globally.” said Amritraj. “But, somehow for Hollywood, Bollywood films still don’t really exist. Americans are still not able to understand the ethos, emotions and drama which is the core of our movies.”

On whether filmmakers need to make different kind of films for the international audience, Amritraj said, “”There is always a risk of losing out on the audiences back home. So, it is a clear choice which filmmakers have to make. One of solutions was maybe Indian producers need to have co-production treaties with the international studios for better distribution of Indian films globally.”

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The discussion turned to be not just informative, but, also brought home lessons for Indian filmmakers wanting to carve a niche in the international market.

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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

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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:

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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.

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