Hollywood
Oppenheimer enters the 100 Cr club in India
Mumbai: Universal Pictures (distributed by Warner Bros. Discovery) recently released one of the most anticipated movies of this year- Oppenheimer. The masterpiece has been receiving immense love and appreciation from the audience throughout the country. The film revolves around the epic story of American scientist, J. Robert Oppenheimer and how he created the atomic bombs. Oppenheimer features Cillian Murphy, Emily Blunt, Matt Damon, Robert Downey Jr., Florence Pugh, Josh Hartnett, Casey Affleck, Rami Malek, and Kenneth Branagh in pivotal roles.
Known for creating magic Christopher Nolan’s this magnetic experience has now successfully completed two weeks in the theatres and is still running strong. The movie has managed to enter the 100 Cr club in the Indian markets and has become the highest-grossing Imax film for Hollywood in India. The craze for this movie has been commendable and the box office numbers are expected to go even higher. Ever since its release the shows across the theatres in the country have been running houseful. The movie has managed to lead at the Indian box office and has been able to beat the competition coming its way.
Oppenheimer hit the Indian theatres on 21 July 2023. If you haven’t watched it yet book your tickets now!
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.
