Hollywood
James Wan to direct Jason Momoa in Warner’s ‘Aquaman’
MUMBAI: James Wan will direct Warner Bros. Pictures’ upcoming Aquaman feature film, which stars Jason Momoaas the sea-dwelling Super Hero.
Warner Bros. Pictures president, creative development and worldwide production Greg Silverman said, “We’ve been so lucky to have worked with James, first on New Line’s The Conjuring and now on their upcoming The Conjuring 2,and are thrilled to have him on board as we continue to expand our DC slate. The Aquaman film will be a major tentpole picture for us and James’s span of work has proven him able to take on any manner of project, bringing his incredible creative talent and unique voice to the material.”
Wan will also be supervising the script by Kurt Johnstad. The film is being produced by Charles Roven, Deborah Snyder and Zack Snyder.
Rovensaid, “James is not only a great storyteller but can make action truly explode on the big screen, and Jason has a dynamic presence that commands your attention.Together, they willbring an undeniable vitality and energy to this characteras he headlines his first feature film.”
Currently set for a 2018 release, the film is based on characters appearing in comic books published by DC Entertainment.
Hollywood
WBD sets April 23 vote on $110bn Paramount Skydance merger
Investor approval key step, but regulators loom over mega media deal
NEW YORK: Warner Bros. Discovery has set April 23 as the date for shareholders to vote on its proposed $110 billion merger with Paramount Skydance, marking a crucial step in one of the biggest media deals in recent years.
The all-cash transaction offers WBD shareholders $31 per share, a hefty 147 per cent premium to its unaffected stock price, signalling strong intent to push the deal across the finish line. The company’s board has unanimously backed the merger and is urging investors to vote in favour.
Even if shareholders give the green light, the deal is far from done. Regulators in the United States and Europe are expected to scrutinise the merger closely, weighing concerns around competition and potential price impacts for consumers.
To keep investors on side, WBD has built in a safety net. If the deal is not completed by September 30, shareholders will receive a quarterly “ticking fee” of $0.25 per share until closure.
The proposed merger would significantly reshape the media landscape, combining the assets of Warner Bros. Discovery with those linked to Paramount Global and Skydance Media. It would also cement the growing influence of David Ellison, who has been steering Skydance’s aggressive expansion strategy.
“The WBD Board has been guided by the singular principle of securing a transaction that maximises the value of our iconic assets and delivers as much certainty as possible to our shareholders,” said Warner Bros. Discovery board chair Samuel A. Di Piazza Jr.. “This historic transaction will expand consumer choice and create new opportunities for creative talent.”
Warner Bros. Discovery chief executive officer David Zaslav added that the company is working closely with its counterpart to close the deal and unlock value for stakeholders.
With investor backing likely but regulatory hurdles ahead, the proposed merger is shaping up to be a defining moment for the global entertainment industry, where scale, content and competition are increasingly intertwined.
