Hollywood
Demon Hunters is set to premiere globally in Winter 2024
Mumbai: The spotlight turns to Cannes where the much-anticipated action-horror-comedy film, “Demon Hunters,” is set to reveal its first look.
Headlined by the dynamic duo Arjan Bajwa and JC Lin, the film promises a thrilling ride filled with action and comedy that will leave you at the edge of your seat.
Produced by Light House Productions (Taiwan) and Kleos Entertainment Group (India),
“Demon Hunters” marks a historic collaboration between the two nations and is backed by the Taiwan government.
Directed by the award-winning director Mei-Juin Chen, known for her work “The Gangster’s Daughter.” Demon Hunters boasts a veteran cinematographer in Tony Cheung for his masterful work on films like “Dragon Blade” and “Hidden Strike” starring Jackie Chan and John Sena.
With a stellar international cast and crew, including Regina Lei and seasoned actor Jack Kao, known as Al Pacino of the South East and Harry Chang from the popular Netflix Series Gatao, the film is set to captivate audiences worldwide.
Cindy Shyu, Producer, Light House Productions, expressed her enthusiasm for the project, stating, “‘Demon Hunters’ is a testament to the power of collaboration. We are thrilled to bring this unique blend of action and comedy to the global stage, and Cannes provides the perfect platform to showcase our vision.”
Director Mei-Juin Chen shared his excitement, saying, “Creating ‘Demon Hunters’ has been an exhilarating journey. We’ve infused the film with all the ingredients of a wholesome entertainer. I can’t wait for audiences to experience it and to see how they react to the first look at Cannes.”
Gayathiri Guliani, Producer, Kleos Entertainment Group, added, “Demon Hunters embodies our commitment to pioneering and setting the standard for captivating content for a global audience. At Kleos, we firmly believe in challenging limits and pushing boundaries.”
Lead actor from India Arjan Bajwa expressed his anticipation, commenting, “Being a part of ‘Demon Hunters’ has been an incredible experience. The opportunity to collaborate with such talented individuals from across the globe has been truly rewarding. I can’t wait for audiences to join us on this wild adventure.”
His counterpart, lead actor JC Lin from Taiwan, echoed his sentiments, stating, “Working on ‘Demon Hunters’ has been a dream come true. It’s been an honour to collaborate with such a talented team from Hong Kong and India and I’m excited for viewers to immerse themselves in the world we’ve created. And the ride has just begun with this unveiling in Cannes.”
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.
