Hollywood
300’s Zach Snyder to direct ‘Justice League’
MUMBAI: Confirming the studio’s plans for a movie based on its iconic super-team for the first time to the Wall Street Journal (WSJ), Warner Bros. president of worldwide production Greg Silverman said the studio has set plans to make a Justice League movie.
Like Man of Steel and its follow-up, which starts production next month, Justice League will be directed by Zack Snyder (300, Watchmen). Henry Cavill is expected to return as Superman, along with Ben Affleck (Gone Girl) and Gal Gadot, who play Batman and Wonder Woman, respectively in 2016’s Man of Steel sequel tentatively titled Batman vs. Superman.
“It will be a further expansion of this universe,” said Silverman to WSJ. “’Superman vs. Batman’ will lead into ‘Justice League.’”
A script is still in development and Warner Bros. has not set a release date, though the movie is unlikely to come out before 2018. The studio has recently been casting the role of Cyborg, a half-robotic hero who is expected to have a cameo in Batman vs. Superman and then appear in Justice League. Other DC heroes who have been in Justice League comic books include Aquaman, Flash and Green Lantern.
The plans for three superhero movies in relatively quick succession show how intent Warner is on catching up with rival Walt Disney Co.’s Marvel Studios in building a cinematic superhero universe after years of lagging behind.
Hollywood
Paramount eyes $24bn Gulf support to fund Warner Bros Discovery merger: Reports
Sovereign funds line up funding as media giants chase streaming scale
NEW YORK: Paramount Skydance is in talks to secure nearly $24 billion in equity commitments from Gulf sovereign wealth funds to support its planned takeover of Warner Bros. Discovery, according to a WSJ report.
The funding push comes as Paramount Skydance advances its proposed $110 billion deal for Warner Bros. Discovery, which carries an equity valuation of $81 billion and is expected to close in the third quarter of 2026.
At the heart of the financing plan are three major Gulf investors. Saudi Arabia’s Public Investment Fund is expected to contribute roughly $10 billion, while the Qatar Investment Authority and Abu Dhabi-based L’imad Holding are likely to make up the remainder.
Crucially, the proposed investments are structured as non-voting stakes. This means the Gulf backers would not have direct control in the combined entity, a move designed to ease regulatory concerns in the United States. Paramount executives reportedly do not expect the deal to trigger scrutiny from bodies such as the Committee on Foreign Investment in the United States or the Federal Communications Commission.
If completed, the merger would bring together a formidable portfolio of entertainment and news assets, including CNN and CBS. The combined entity aims to better compete in a fast-evolving media landscape where streaming platforms are steadily pulling audiences away from traditional television.
The deal reflects a broader shift in global media, where scale is increasingly seen as essential to survive the streaming wars. By pooling content libraries, technology and distribution, Paramount Skydance and Warner Bros. Discovery are betting on size and synergy to drive future growth.
The involvement of deep-pocketed Gulf investors also underscores the growing role of sovereign wealth in shaping global media consolidation, particularly at a time when high-value deals demand equally large financial backing.
With shareholder votes and regulatory milestones still ahead, the proposed tie-up remains one of the most closely watched media deals of the year. If it clears the final hurdles, it could redraw the competitive map of the global entertainment industry.
