Hollywood
James Cameron plans out an ‘Avatar’ movie quadrilogy
MUMBAI: James Cameron’s planned Avatar movie trilogy is becoming a quadrilogy.
Josh Friedman (War of the Worlds), Shane Salerno (Savages) and Rick Jaffa and Amanda Silver (Rise of the Planets of the Apes) have been hired to collaborate with the director to write three follow-ups to Cameron’s 2009 sci-fi blockbuster hit Avatar, 20th Century Fox announced last week.
The original currently stands as the USA’s all-time box-office tyrant with a take of $760 million.
The first sequel to Avatar, which followed a space marine (Sam Worthington) going native with a race of blue alien Na’vi on the moon Pandora, will begin production next year and will film simultaneously with the two other sequels.
Avatar 2 is due out in December 2016, with Avatar 3 coming in December 2017 and Avatar 4 tentatively releasing December 2018.
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.
