Hollywood
E-voting for Oscars simplified
MUMBAI: The Academy of Motion Picture Arts and Sciences is making significant changes to simplify its electronic voting system, which got almost as much flack last awards season as the Obamacare website is currently receiving. The changes involve reducing the number of passwords required, making the VIN number assigned to each member invisible to users and making it easier to change passwords.
The changes, developed over the past eight months since e-voting was used by the Academy for the first time to determine winners of the 85th Oscars, come in response to gripes from members who found the online voting website, offered as an alternative to a traditional paper ballot, difficult to navigate.
The Academy also is encouraging its members to log on to their member accounts on Monday to pay their annual dues and to register how they wish to vote this year, either electronically or by paper ballot. The email outlined the improvements that have been made to the online voting process.
The biggest change to e-voting this year is that members will now be able to use a single user name and password for both sites. Also, the Academy is making it easier to change passwords.
In spite of last year’s e-voting challenges, the Academy eventually reported, at an unprecedented all-members meeting on 4 May that there had been record voting-participation of 90 per cent in large part because of e-voting.
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.
