Hollywood
Hansal Mehta’s ‘Aligarh’ to screen at 59th BFI London Film Festival
MUMBAI: Hansal Mehta’s Aligarh is fast becoming a toast of international film festivals. Close on the heels of the announcement of its World Premiere at the Busan International Film Festival comes the news of its selection at the 59th BFI London Film Festival, which is scheduled to take place from 7 to 18 October.
The film will be screened as part of the Festival’s Debate strand: Riveting films that amplify scrutinise and surprise.
Mehta brings a sensitive, humane story from small town India with Aligarh. Co-starring Manoj Bajpayee and Rajkummar Rao, the film draws from a real incident that took place in Uttar Pradesh.
A professor was suspended by his University for being gay after he is caught on camera in a sting operation. A young journalist investigates his first breaking story. Set in the myriad dark lanes of a volatile and decadent society, the two strikes an unlikely friendship that will change them forever.
The invite from Clare Stewart Director of 59th BFI London Film Festival states, “Our programme team found the film to be daring and strong, telling an incredibly important story that London audience will definitely respond to.”
Mehta added, “I am touched and very grateful that BFI has positioned Aligarh in such a relevant discussion. I think the recognition that international film festivals are giving us validates our reasons for making this film.”
Eros International Media managing director Sunil Lulla said, “At Eros, we take pride in producing films like Aligarh that tell a story with a difference. Hansal Mehta has made a relevant and beautiful film and its screenings at the BFI Film Festival & Busan prove that such films will always find an audience.”
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.
