iWorld
Amazon Prime Video’s Homecoming Releases Second Official Trailer Ahead Of Premiere On November 2nd
MUMBAI: Amazon Prime Video releases a thrilling 2nd official trailer for their upcoming series HOMECOMING, premiering on Friday, November 2nd.
HOMECOMING is a mind-bending psychological thriller starring Julia Roberts and directed by Sam Esmail (creator of MR. ROBOT). Heidi Bergman (Roberts) is a caseworker at the Homecoming Transitional Support Center, a Geist Group facility helping soldiers transition back to civilian life. Walter Cruz (Stephan James) is one of these soldiers, eager to begin the next phase of his life. Overseeing Heidi and the facility is Colin Belfast (Bobby Cannavale), an ambitious company man whose manic demands point to questionable motives.
Four years later, Heidi has started a new life, living with her mother (Sissy Spacek) and working as a small-town waitress, when a Department of Defense auditor (Shea Whigham) comes to her with questions about why she left the Homecoming facility. Heidi begins to realize that there’s a whole other story behind the story she’s been telling herself.
Based on the popular podcast of the same name, HOMECOMING is created by Eli Horowitz and Micah Bloomberg. The cast also includes Jeremy Allen White, Alex Karpovsky, Dermot Mulroney, among others. HOMECOMING will debut exclusively on Amazon Prime Video November 2, 2018.
Amazon Prime Video has the largest selection of latest & exclusive movies and TV shows, stand-up comedy, biggest Indian and Hollywood films, US TV series, most popular Indian & international kids’ shows, and award winning Amazon Prime Originals, all available, ad-free, with a world class customer experience. Besides Kannada, the platform also includes titles available in Hindi, Marathi, Tamil, Telugu and Bengali.
To watch HOMECOMING and other new releases in Hollywood & Bollywood, the latest US TV shows, kids’ favorite toons and Amazon Prime Originals, please visit www.PrimeVideo.com or download the Amazon Prime Video app today and sign-up for a Prime membership only at ₹999 annually or ₹129 monthly.
iWorld
Bill Ackman’s Pershing Square makes $64 billion bid to acquire Universal Music Group
Ackman pitches NYSE relisting plan as UMG board weighs unsolicited offer
The hedge fund has proposed a business combination that values UMG at €30.40 per share, representing a hefty 78 per cent premium to its current trading price. The offer includes €9.4 billion in cash alongside stock in a newly formed entity, with shareholders set to receive €5.05 per share in cash and 0.77 shares in the new company for each UMG share they hold.
Under the proposal, UMG would merge with Pershing Square SPARC Holdings Ltd and re-emerge as a Nevada-based entity listed on the New York Stock Exchange. The move is designed to boost investor visibility and potentially secure inclusion in major indices such as the S&P 500.
Pershing Square Capital Management ceo Bill Ackman argued that while UMG’s operational performance remains strong, its market valuation has lagged due to external factors. “UMG’s stock price has languished due to a combination of issues that are unrelated to the performance of its music business,” Ackman said, pointing to concerns ranging from shareholder overhang to delayed US listing plans.
Ackman also flagged what he sees as untapped potential in UMG’s balance sheet and a lack of clear capital allocation strategy. He added that the market has not fully recognised the value of UMG’s €2.7 billion stake in Spotify, alongside gaps in investor communication.
The proposed transaction would also result in the cancellation of around 17 per cent of UMG’s outstanding shares, while maintaining its investment-grade balance sheet. Pershing Square has said it will fully backstop the equity financing, with debt commitments secured at signing. The deal is targeted for completion by the end of the year.
UMG, however, has struck a measured tone. The company confirmed that its board has received the non-binding proposal and will review it with advisers. It reiterated confidence in its current strategy and leadership under Lucian Grainge, signalling no immediate shift in stance.
The proposal comes at a time when global music companies are navigating evolving investor expectations, streaming economics and capital allocation pressures. For Pershing Square, the bet is clear: sharpen the financial story, relist in the US, and let the music play louder in the markets.
Whether UMG’s board is ready to change the tune remains to be seen, but the spotlight on its valuation just got a lot brighter.
