Hollywood
Common & John Legend to perform together at The Oscars
MUMBAI: Musical artists Common and John Legend will perform their Oscar-nominated song “Glory” at the 87th Oscars. The Oscars, hosted by Neil Patrick Harris, will be held on 22 February.
Show producers Craig Zadan and Neil Meron said, “Common and John Legend are artists who have always lifted our spirits and made us think. The Oscar stage is that much more profound because of their presence and we welcome them.”
“Glory,” written by John Stephens (a.k.a. John Legend) and Lonnie Lynn (a.k.a. Common) for the film “Selma,” is nominated for Original Song. The four other nominated songs are “Everything Is Awesome” from “The Lego Movie,” “Grateful” from “Beyond the Lights,” “I’m Not Gonna Miss You” from “Glen Campbell…I’ll Be Me” and “Lost Stars” from “Begin Again.”
Common won a Grammy in 2002 for Best R&B Song for “Love Of My Life (An Ode To Hip Hop),” and in 2007 for Best Rap Performance by a Duo or Group for “Southside,” with Kanye West. His many acting credits include the films “American Gangster,” “Wanted,” “Date Night” and “Selma,” in which he plays the role of Civil Rights leader James Bevel.
Legend is a nine time Grammy-winning singer/songwriter. His critically acclaimed debut album, “Get Lifted,”scored multiple Grammy Awards in 2006, including Best R&B Album, Best New Artist and Best Male R&B Vocal Performance. The follow up was the platinum-selling “Once Again,” which garnered a Best Male R&B Performance nod. Legend’s most recent highly acclaimed fourth studio album, “Love in the Future,” scored two Grammy nominations and features his break out hit, “All of Me,” which is his highest selling and charting song to date and also earned a 2015 Grammy Award nomination for Best Pop Solo Performance.
Hollywood
Paramount seeks FCC nod for foreign-backed $110 billion WBD deal
Gulf funds back merger as foreign stake nears 50 per cent, control stays with Ellison
NEW YORK: Paramount Global has approached the Federal Communications Commission seeking approval for foreign investments tied to its proposed $110 billion acquisition of Warner Bros. Discovery, marking another key step in one of the biggest media deals in recent years.
According to regulatory filings made public this week, the investment backing the deal includes major Gulf sovereign funds such as the Public Investment Fund, the Qatar Investment Authority and L’imad Holding Company. Together, foreign investors are expected to hold just under 50 per cent of Paramount’s equity once the transaction is complete.
Despite the sizeable international backing, Paramount has made it clear that voting control will remain with the family of chief executive David Ellison, ensuring the company stays firmly under US control as required by broadcasting rules.
A company spokesperson described the FCC filing as routine for transactions involving foreign capital and stressed that it does not impact the closing of the deal. Under US law, any significant foreign ownership in broadcast licence holders must undergo regulatory review.
The merger itself has already cleared a major hurdle, with Warner Bros. Discovery shareholders approving the deal on 23 April. The transaction values the company at $31 per share, a 147 per cent premium to its earlier trading price, reflecting strong strategic intent behind the tie-up.
If completed, the combined entity will bring together a vast portfolio including Warner Bros. film studios, HBO Max, and networks such as CNN, TNT and Discovery Channel. The deal is currently expected to close in the third quarter of 2026.
However, scrutiny is intensifying. The US Department of Justice has issued subpoenas seeking details on the merger’s potential impact on cinema competition, streaming services and content licensing. Reviews are also anticipated in international markets, including the United Kingdom.
There is also a financial safety net built into the agreement. If regulators ultimately block the deal, Paramount would face a $7 billion break-up fee. Additionally, the company has taken on $2.8 billion in obligations previously owed by Warner Bros. Discovery to Netflix following an earlier terminated arrangement.
Paramount maintains that easing foreign ownership barriers will unlock fresh capital and strengthen its ability to compete in a rapidly evolving media landscape. For now, the spotlight remains on regulators, whose decision will determine whether this global media consolidation moves from script to screen.
