Hollywood
Disneys upcoming movie to star Australian newcomer Mitchell Hope
Disney Channel has finally found its lead in the Australian newcomer, Mitchell Hope for its upcoming live-action adventure movie, Descendants. Hope has been cast to play Ben, the son of Beauty (Queen) and the Beast (King). Hope joins Dove Cameron (Liv & Maddie), who will star as Mal, daughter of Maleficent, the malevolent villain from Sleeping Beauty.
Descendants is set in a present day idyllic kingdom, where the benevolent teenaged son of the king and queen (Beast and Belle from Disney’s Beauty and the Beast) is poised to take the throne. His first proclamation: offer a chance at redemption to the trouble-making offspring of Cruella De Vil, Maleficent, the Evil Queen and Jafar who have been imprisoned on a forbidden island with all the other villains, sidekicks, evil step-mothers and step-sisters. These villainous descendants (Carlos, Mal, Evvie and Jay, respectively) are allowed into the kingdom to attend prep school alongside the offspring of iconic Disney heroes including Fairy Godmother, Sleeping Beauty, Rapunzel and Mulan. However, the evil teens face a dilemma. Should they follow in their nefarious parents’ footsteps and help all the villains regain power or embrace their innate goodness and save the kingdom?”
The film will be written by Josann McGibbon whose earlier work includes: Runaway Bride and Desperate Housewives and Sara Parriott (The Starter Wife) and directed by Kenny Ortega (High School Musical). The film’s scheduled to start production in 2014 spring and is slated for a 2015 premiere.
Hope’s previous work includes TV mini-series Never Tear Us Apart: the Untold Story of INXS.
Hollywood
WBD sets April 23 vote on $110bn Paramount Skydance merger
Investor approval key step, but regulators loom over mega media deal
NEW YORK: Warner Bros. Discovery has set April 23 as the date for shareholders to vote on its proposed $110 billion merger with Paramount Skydance, marking a crucial step in one of the biggest media deals in recent years.
The all-cash transaction offers WBD shareholders $31 per share, a hefty 147 per cent premium to its unaffected stock price, signalling strong intent to push the deal across the finish line. The company’s board has unanimously backed the merger and is urging investors to vote in favour.
Even if shareholders give the green light, the deal is far from done. Regulators in the United States and Europe are expected to scrutinise the merger closely, weighing concerns around competition and potential price impacts for consumers.
To keep investors on side, WBD has built in a safety net. If the deal is not completed by September 30, shareholders will receive a quarterly “ticking fee” of $0.25 per share until closure.
The proposed merger would significantly reshape the media landscape, combining the assets of Warner Bros. Discovery with those linked to Paramount Global and Skydance Media. It would also cement the growing influence of David Ellison, who has been steering Skydance’s aggressive expansion strategy.
“The WBD Board has been guided by the singular principle of securing a transaction that maximises the value of our iconic assets and delivers as much certainty as possible to our shareholders,” said Warner Bros. Discovery board chair Samuel A. Di Piazza Jr.. “This historic transaction will expand consumer choice and create new opportunities for creative talent.”
Warner Bros. Discovery chief executive officer David Zaslav added that the company is working closely with its counterpart to close the deal and unlock value for stakeholders.
With investor backing likely but regulatory hurdles ahead, the proposed merger is shaping up to be a defining moment for the global entertainment industry, where scale, content and competition are increasingly intertwined.
