Hollywood
Hollywood teen flick ‘The Duff’ to hit Indian theatres on 5 June
MUMBAI: High school teen flick The Duff is all set to hit theatres across India on 5 June, 2015. Multivision Multimedia will release the movie here.
The Duff was a great success at the US Box office with an opening weekend of $10.8 million and total US collection of $34 million.
Directed by Ari Sandel, The Duff stars Mae Whitman, Robbie Amell and Bella Thorne in the lead. The film is produced by McG, Mary Viola, and Susan Cartsonis. It is a CBS Films presentation a Wonderland Sound and Vision / Vast Entertainment production.
Talking about the India release, Whitman said, “I have been told that Indian youth are ardent followers of US movies and television. India is known to have a thriving English speaking population and are in sync with western culture. It’s a great place for The Duff to release”
Director Sandel added, “India is becoming an increasingly important territory for Hollywood films. High schools are the same everywhere and I am sure so are the problems, even across the world. I hope that the audience will connect with and enjoy our movie.”
Hollywood
David Zaslav could net up to $887m as Warner Bros Discovery sells up
Media mogul strikes gold as Paramount Skydance deal triggers massive windfall
NEW YORK: While the average office worker might hope for a nice clock and a round of applause upon leaving, David Zaslav is looking at a slightly more substantial parting gift. The chief executive officer of Warner Bros Discovery is positioned to receive a windfall of up to $887 million following the company’s blockbuster $110 billion sale to Paramount Skydance.
In a twist of corporate fate that feels scripted for the big screen, the deal marks the finale of a high-stakes bidding war. It comes after Netflix, once the frontrunner, decided to exit stage left and abandon its pursuit of the HBO Max parent company.
While most people receive a standard final paycheck, the filing released on Monday suggests Zaslav’s exit package is built a little differently. If the deal closes as expected in the third quarter of 2026, the numbers break down like this:
The cash out: A severance package of $34.2 million, covering his salary and bonuses.
The equity: $115.8 million in vested shares he already owns.
The future fortune: A massive $517.2 million in unvested share awards, essentially “future stock” that turns into real money the moment the ink dries on the merger.
Perhaps the most eye-catching figure is the $335 million earmarked for tax reimbursements. However, this particular pot of gold has an expiration date.
The company noted that these reimbursements are tied to specific tax-code rules that significantly decline as time passes. If the deal hits a snag and drags into 2027, that tax payout drops to zero. With hundreds of millions on the line, the chief executive officer likely has every incentive to ensure the closing process moves at double-speed.
