Hollywood
Julia Roberts joins ‘The Secret in Their Eyes’ remake
MUMBAI: Actress Julia Roberts is in talks to come on board for the English-language remake of Oscar-winning Argentine thriller Secret in Their Eyes.
To be directed by Billy Ray; Chiwetel Ejiofor and Gwyneth Paltrow have also been cast in the remake. IM Global is fully financing the project and selling the rights to the project at the Toronto International Film Festival.
The original Spanish-language Juan Jose Campanella movie which was based on the Eduardo Sacheri novel, won the Best Foreign Film at the Academy Awards in 2009. The movie centered on a retired attorney who seeks closure for an two decade old unsolved case and for his unrequited love for his former superior by writing a book.
Roberts will portray a character whose daughter is murdered. Her friend digs up the case years later when he thinks he’s found the guy who got away with it. Roberts’ role initially was earmarked for a male actor, but Ray rewrote it specifically for the actress.
Mark Johnson will produce along with John Ufland. The remake, described as a sophisticated crime thriller, is scheduled to start production this fall with plans to shift the shoot from Boston to Los Angeles.
The movie will be a reunion for Roberts and Paltrow, both of whom appeared in Steven Spielberg’s 1991 movie Hook.
Robert’s role in 2013’s August: Osage County got her the best supporting actress Oscar nomination. She most recently appeared in HBO’s The Normal Heart, for which she received a best supporting actress nomination at Emmy.
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.
