Hollywood
‘8 mile’, Ray, ‘Jersey Boys’ on MN+ this month
MUMBAI: MN+ is all set to get a musical twist this November with their latest property The Right Notes. The property will feature a line-up of Hollywood’s finest musical movies that will air every Saturday throughout the month at 11 pm.
The musical extravaganza will begin with the movie 8 mile, starring Eminem. The movie is a story of a young rapper, born fighter who against all odds strives to reach the epitome of success. It showcases the man’s struggle and features the obstacles he faces in the form of friends and foes that makes this trip harder than it may seem.
Following that is another film based on the true story of musician Ray Charles. Titled Ray, the movie depicts the humble beginnings the artist had in life, where he lost his eyesight at the age of 7, and then rose to fame during the 1950s and 1960s.
Other movies that feature in this exclusive line-up are — Jersey Boys and Billy Elliot the Musical. These movies will air every Sunday at 11 pm.
MN+ will also showcase various other properties like Pathbreakers which is a compilation of the best of Hollywood movies that redefined cinema till date and Hollywood Gold which showcases Hollywood’s finest movies like Rain Man, Clerks, Equilibrium and Ray. These movies will be aired throughout the month every Mon-Fri at 9 pm.
Director’s Cut will celebrate the finest work of director Coen Brothers. The movie line – up includes Fargo, The Big Lebowski and Burn after Reading. These movies will air from 5–19 November, every Saturday at 9 pm.
MN+ will showcase their centre stage movie of the month Theory of Everything on 20 November at 9 pm.
Hollywood
Trump invested over $1.1m in Netflix bonds at the peak of Warner Bros bidding battle
Financial disclosures show U.S. president also bought Warner Bros Discovery debt during high-stakes media takeover race.
WASHINGTON: New government financial disclosures show that U.S. president Donald Trump purchased more than $1.1 million worth of bonds issued by Netflix over the past three months. The transactions occurred during a period when Netflix was engaged in a competitive bidding war for Warner Bros. Discovery, a potential merger that the Trump administration had publicly criticised on antitrust grounds.
Between December and January, the president acquired Netflix bonds valued between $1.1 million and $2.25 million. The bonds carry a 5.375 per cent interest rate and are scheduled to mature in November 2029. Financial disclosures also revealed an additional investment in Warner Bros Discovery bonds. The purchase was valued between $500,002 and $1 million, with the debt reportedly bought at roughly 92 cents on the dollar. The bonds are now trading at around 95 cents on the dollar, leaving the position currently in profit.
The timing of the investments has drawn scrutiny because the administration had been openly critical of Netflix’s market activities at the time. While the president’s trust was purchasing the debt, the administration reportedly pressured Netflix to remove board member Susan Rice and expressed concerns that a Netflix–Warner merger could harm competition.
The White House has dismissed conflict-of-interest concerns, stating that the president’s assets are managed independently by his children. Spokesperson Anna Kelly said U.S. presidents are legally exempt from the conflict-of-interest laws that apply to other federal officials.
Despite the financial interest, Netflix ultimately lost the race to acquire Warner Bros Discovery. Paramount Skydance secured the deal on 27 February with a $110 billion offer. The acquisition was backed by Larry Ellison, who guaranteed $40 billion to support the bid, while major lenders including Bank of America, Citigroup and Apollo Global Management provided $39 billion in financing.
The final acquisition leaves the combined Paramount entity carrying roughly $85 billion in debt, while Netflix withdrew its bid roughly two weeks before the official disclosure report was released.
