Movies
Everest Entertainment ventures into the Gujarati film industry with ‘Hurry Om Hurry’
Mumbai: After an illustrious career of delivering blockbuster hits in the Marathi film industry, the esteemed producer, Sanjay Chhabria, of Everest Entertainment, is set to make an indelible mark in the Gujarati film industry with his highly-anticipated debut production, “Hurry Om Hurry.” The film is scheduled for release on 24 November 2023.
“Hurry Om Hurry” presents a captivating narrative of love, friendship, and unexpected twists. The story follows the lives of longtime friends, Om and Vini, who embark on an unforeseen journey when Vini decides to propose marriage to Om. Their once-promising union takes a tumultuous turn as Om begins to drift away, leaving Vini grappling with a profound sense of betrayal. Just when all hope seems lost, a chance encounter shakes Om’s world, promising to alter the course of everything.
The film boasts a stellar cast featuring acclaimed actors Siddharth Randeria, Raunaq Kamdar, Vyoma Nandi, Malhaar Rathod, Shivam Parekh, Ragi Jani, and Kalpesh Patel. With such a talented ensemble, “Hurry Om Hurry” promises to captivate audiences with powerful and moving performances.
Sanjay Chhabria, renowned for his contributions to the Marathi film landscape, takes on the role of producer for this exciting project. He said, “I am excited to embark on this exhilarating journey into the Gujarati film industry with ‘Hurry Om Hurry.’ Having had the privilege of contributing to the Marathi film landscape for decades, this venture represents a new and invigorating challenge for me. The story of ‘Hurry Om Hurry’ resonates with universal themes of love, friendship, and transformation, making it a story that transcends linguistic boundaries. I am grateful for the opportunity to explore new horizons in the world of cinema and look forward to sharing this unforgettable cinematic experience with the audience.”
Directed by Nisarg Vaidya, with a screenplay penned by Vinod Sarvaiya, “Hurry Om Hurry” promises to be a cinematic masterpiece that transcends language barriers and resonates with audiences of diverse backgrounds. The film’s cinematography is skillfully handled by Milind Jog, while the soul-stirring music is composed by Parth Bharat Thakkar.
As the release date approaches, “Hurry Om Hurry” is generating significant buzz and anticipation among film enthusiasts and industry insiders alike. Sanjay Chhabria’s venture into the Gujarati film industry is poised to make a lasting impact, adding a new dimension to his already illustrious career.
Hollywood
Paramount Skydance secures financing for Warner Bros Discovery deal
Debt syndication and new loans push $111 billion merger closer to close
WASHINGTON: Paramount Skydance has taken a major step towards its planned acquisition of Warner Bros Discovery, securing fresh financing and completing the syndication of its bridge loan facility.
In a filing with the Securities and Exchange Commission, the company confirmed that the bridge facility has now been distributed among a group of 18 banks, reducing total commitments to $49 billion from an earlier $54 billion. The move spreads risk across lenders and signals growing confidence in one of the year’s largest media deals.
Alongside this, the company has finalised permanent financing arrangements, including $5 billion in senior term loans and a $5 billion revolving credit facility. A previously planned $3.5 billion credit line has been dropped as part of the restructuring.
The loans are secured against key assets, including Paramount Global, Skydance Media and Warner Bros post-merger, underlining the scale and complexity of the transaction.
The financing push follows a competitive bidding process earlier this year, which saw interest from players such as Netflix before Paramount Skydance emerged as the frontrunner. The deal, valued at $111 billion, is expected to close in the third quarter, subject to regulatory approvals.
Adding to the momentum, the company has also secured significant equity backing, including investments from Middle Eastern funds, with support from billionaire Larry Ellison, who has guaranteed the equity portion of the transaction.
Commenting on the development, Paramount Skydance chief strategy officer Andy Gordon said, “Our successful debt syndication and new debt facilities represent another important milestone towards the completion of our acquisition of Warner Bros Discovery.”
Once completed, the combined entity is expected to carry net debt of just under $80 billion, reflecting the sheer scale of the merger.
As Hollywood continues to consolidate in the streaming era, this deal could reshape the competitive landscape, with Paramount Skydance betting big on scale, content and financial muscle to take on global rivals.
