Hollywood
Jack Hudson to play title role in ‘Ben Hur’
NEW DELHI: Jack Hudson has landed the role of the Biblical character Judah in MGM and Paramount Pictures remake of the 1959 classic Ben Hur that had gone on to become a box office hit.
Timur Bekmambetov, who earlier made Wanted is directing the classic. Scripted by the Oscar-winning 12 Years a Slave scribe John Ridley and Keith Clarke, the film is expected to be released on 26 February 2016.
The film is based on Lew Wallace’s 1880 novel ‘Ben-Hur: A Tale of the Christ’, and follows a falsely accused nobleman who survives years of slavery to take vengeance on his best friend who betrayed him. It was also made in 1925 as a silent film.
Huston is best known for his role in HBO’s Boardwalk Empire as Richard Harrow and recently signed on to co-star in the adaptation of Pride Prejudice and Zombies.
Paramount Pictures has already seen success from this genre with the movie Noah, Darren Aronofsky’s take on the story of Noah’s Arc starring Russell Crowe. That film grossed $359 million worldwide, including more than $100 million domestically.
Fox and Chernin have just wrapped production on their latest film Exodus: Gods and Kings about Moses, which is slated to release in December and stars Christian Bale. The studio is also developing a King David film produced by Ridley Scott.
The 1959 Ben-Hur was directed by William Wyler, produced by Sam Zimbalist for Metro-Goldwyn-Mayer and starring Charlton Heston, Stephen Boyd, Jack Hawkins, Hugh Griffith and Haya Harareet. It had the largest budget at $15.175 million and the largest sets built for any film produced at the time. This was followed by a $14.7 million marketing effort. It was the fastest-grossing as well as the highest grossing film of 1959, in the process becoming the second-highest grossing film in history at the time after Gone with the Wind. It won a record 11 Academy Awards.
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.
