Hollywood
Dev Patel to star in ‘Lion’ with Nicole Kidman
MUMBAI: The Slumdog Millionaire actor Dev Patel has been finalised to star with Nicole Kidman in the new The Weinstein Company drama Lion.
The drama, based on the memoir ‘A Long Way Home’ by Saroo Brierley, follows a street kid from Calcutta (Patel) who is taken in and adopted by a couple in Australia.
Garth Davis, who co-directed the Golden Globe-winning miniseries ‘Top of the Lake’ with Jane Campion, is set to helm the movie while Luke Davies, the screenwriter on Anton Corbijn’s upcoming Life, adapted the book for the screen.
In addition to Lion, Patel plays self-taught Indian math genius Srinivasa Ramanujan in Matt Brown’s period drama The Man Who Knew Infinity. He will also star in Lionsgate’s Soviet-era thriller Child 44 and The Road Within, a remake of the hit German dramedy Vincent Wants to Sea.
Patel also appears in John Madden’s upcoming The Second Best Marigold Hotel, the sequel to the 2011 hit, which Fox Searchlight will release in the US next year.
It was earlier believed that Hugh Jackman would also star in the film, but as per media reports, the actor has denied any connection to the project.
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.
