Hollywood
Cinekorn Entertainment associates with Viacom India for film Ring
MUMBAI: Cinekorn Entertainment, a content house that works on distribution of films on satellite and digital platforms, has announced their association with Viacom India.
The former has has acquired the Indian theatrical distribution rights of the third instalment of the popular horror franchise: The Ring, which is slated to release in India on 10 February. The film features Matilda Lutz, Alex Roe, Johnny Galecki, Aimee Teegarden, Bonnie Morgan and Vincent D’Onofrio.
Cinekorn founder Kalapi Nagada said, “Rings is a bloodcurdling, horrendous horror film and will do strikingly well on the box office since people are waiting earnestly. One of the largest releases with 1100+ no of screens, Rings will be distributed by Cinekorn as one of the biggest Hollywood films in India.”
Cinekorn has in the past acquired distribution rights for successful Hindi & English films such as Rustom, Udta Punjab, 300, Batman v Superman and The legend of Tarzan, among other. Cinekorn has a big library of Tamil, Telugu & Kannada films dubbed in Hindi.
The company plans to further expand and import a wide array of Hollywood films for Indian theatrical viewing and satellites across India. Hollywood movies has good potential viewership in India and films such as Jurassic world, 300, Jungle book have delivered excellent numbers on the Indian box office.
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.
