Hollywood
Asianet to attend International Emmy jury in Hong Kong
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MUMBAI: Malayalam television network Asianet’s Programming vice president R Sreekandan Nair has been selected as a juror in the semi-finals judging for the 2005 International Emmy Awards. Nair will be judging the category of arts programming. |
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The awards, instituted by the New York-based the International Academy of Television Arts & Sciences, honour the best television programs produced, and initially aired, outside the U.S. The semi-final judging for arts programming will be held in Hong Kong on 12 August. Chinese broadcaster Phoenix TV is organising the event this year in Hong Kong. |
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The 2005 Emmy nominations will be officially announced at MIPCOM in early October this year. Being an Emmy juror, Nair will be listed in the yearly Almanac publication which is distributed at major media markets, festivals and semi-final judging centres throughout the world, says the official intimation Nair received from the academy.  In Asianet, Nair also anchors the weekly chat show Nammal Thammal. |
According to an official release from Asianet Communications, this is for the first time that a Malayalam television executive has been chosen to be a part of the prestigious international awards which is regarded as the Oscars for the television industry.
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.
