Hollywood
Curtains down for showman Christopher Lee at 93
MUMBAI: Actor Christopher Lee, who immortalised Count Dracula in the minds of viewers even generations later, through his stunning act in the film, died in Chelsea and Westminster Hospital, London, on 7 June after being treated for respiratory problems.
Not only did he become synonymous as Count Dracula after his stunning portrayal of the role in Hammer Horror films, he is well known amongst Bond lovers as Scaramanga from Man With The Golden Gun (1974). His other notable roles include a part in the seventies British horror classic The Wicker Man as the eccentric and evil Lord Summerisle, and, more recently in Lord of the Rings.
Born in Belgravia, Westminster, London, Lee was hard to manage as a child and therefore he would often be reprimanded by his teachers at school, which he accepted as “logical and therefore acceptable” for being the rule breaker that he was. After his parents’ divorce he lived with his mother and sister in Switzerland and later went to Miss Fisher’s Academy in Territet, where he played his first role, as Rumpelstiltskin.
Before establishing his career as an actor Lee volunteered with the Finnish forces in World War II and later assisted SAS in their operations — a part of his life he kept to himself with an air of secrecy. After returning to London, he did not find his calling in office work, nor did he find himself fit to teach at the University like other war veterans of his time. It was during a lunch meeting with his cousin Nicol? Carandini, now the Italian Ambassador to Britain, that the prospect of him being an actor came out.
Initially worried that he was too tall to be an actor, Lee found instant fame after his first feature film The Curse of Frankenstein for Hammer Horror films. And there was no looking back for him post that.
Lee wasn’t just fit for the fantasy roles he played, he was an avid fantasy reader as well. In fact he re-read Lord of the Rings trilogy every year, and was the only member of the film cast to have met the author JRR Tolkien. While he is known for his astounding roles as an actor, Lee also tried his luck at single and faired pretty well. This multi-lingual talent had also rendered his voice for many animated movies as well.
According to many, he was often dubbed as the ‘real life James Bond’ thanks to his exploits as a war veteran and his close association with James Bond author and his cousin Ian Fleming.
While Twitter and Facebook flooded with comments from industry and fans alike, pouring down their grief at the loss of this great artiste, Lee’s family has refrained from giving any comment.
Hollywood
Warner Bros board reopens talks after Paramount raises bid to $31 a share
Netflix has four days to revise $27.75-a-share proposal
NEW YORK: The board of Warner Bros Discovery has reopened talks with Paramount Skydance after the rival bidder raised its cash offer to $31 a share, intensifying a takeover contest for one of Hollywood’s most prized studios, Reuters reported.
Paramount’s revised proposal has pulled Warner Bros’ directors back to the negotiating table, even as Netflix risks losing its status as the preferred suitor. The board said it had not yet concluded whether Paramount’s offer was superior to the Netflix deal, but confirmed it would engage further with both sides. Should a higher bid emerge, Netflix has four business days to respond.
In a bid to strengthen its hand, Paramount increased the termination fee payable if regulators block the deal to $7 billion, up from $5.8 billion. It also agreed to pay Warner shareholders 25 cents a share per quarter for every quarter beyond 30 September that the transaction fails to close. Paramount further offered to inject additional equity should lenders raise concerns about financing at completion.
Paramount’s $31-a-share bid is an all-cash offer for the entire company. Netflix, by contrast, has proposed $27.75 a share in cash, valuing the deal at $82.7 billion including net debt, for Warner’s film and television studios, content library and the HBO Max streaming platform.
The comparison is muddied by structure. Warner plans to spin off its television networks into a separately listed company, Discovery Global. The ultimate value of Netflix’s offer therefore depends on the spun-off unit’s debt load and market valuation. The board estimates Discovery Global could trade between $1.33 and $6.86 a share, potentially lifting overall shareholder returns above Paramount’s earlier $30-a-share proposal.
Either outcome would reshape Hollywood’s balance of power, handing the winner a deep content vault and enduring franchises including Game of Thrones and DC Comics. Netflix has ample cash to raise its offer, while Paramount argues it faces fewer regulatory hurdles in the United States. It has also signalled readiness to mount a board challenge at Warner’s annual meeting if its proposal is rejected.
That pressure is building. One potential director nominee floated by Paramount is Pentwater Capital Management chief executive Matthew Halbower, one of Warner’s largest shareholders. Separately, activist investor Ancora Holdingshas accused the board of insufficient engagement with Paramount.
Warner is due to report quarterly results this week, which may shed more light on the value of its cable television assets. Paramount reports earnings on Wednesday. A shareholder vote on the Netflix deal is scheduled for 20 March.
