Hollywood
‘American Sniper’ collections surpass $300 million in N. America
MUMBAI: Warner Bros. Pictures’ and Village Roadshow Pictures’ Oscar-nominated blockbuster American Sniper continues to make cinema history, crossing $300 million at the North American box office.
Directed by Clint Eastwood and starring Bradley Cooper and Sienna Miller, American Sniper has continued to fill conventional and IMAX theatres nationwide. It is now the top-grossing war movie of all time, Bradley Cooper’s biggest live-action feature ever, and the second-highest-grossing R-rated drama ever. In addition, it is the first Warner Bros. non-franchise film, only the seventh Warner Bros. release of any kind, and one of only 50 films in cinema history to achieve this milestone domestically.
Warner Bros. Pictures president of domestic distribution Dan Fellman said, “This is another extraordinary benchmark for an extraordinary film. Rarely does a film come along that strikes such an emotional and thought-provoking chord with such a wide audience. Congratulations to Clint Eastwood and everyone involved in American Sniper on the film’s huge success, both at the box office and in the hearts and minds of people everywhere.”
American Sniper is also showing strength overseas. With just 40 per cent of international markets launched to date, the film has grossed an impressive $85.7 million, with many major territories prepping to release next week, including France, Spain, Japan, Brazil and Mexico.
American Sniper, from a screenplay written by Jason Hall, is based on the book by Chris Kyle, with Jim DeFelice and Scott McEwen.
The movie has earned six Academy Award nominations, including Best Picture, Best Actor (Cooper), and Best Adapted Screenplay (Jason Hall). In addition, Eastwood was honored by his peers with his fourth Directors Guild of America Award nomination and also won the National Board of Review Award for Best Director. The film’s other honors include a Producers Guild of America Award nomination, a Writers Guild of America Award nomination, and a BAFTA Award nomination for Best Adapted Screenplay.
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.
