Hollywood
Katherine Waterston to star opposite Eddie Redmayne in ‘Harry Potter’ spinoff
MUMBAI: Katherine Waterston will star opposite Eddie Redmayne in Warner Bros. Pictures’ Harry Potter spinoff Fantastic Beasts and Where to Find Them, set in J.K. Rowling’s Wizarding world.
Waterston will play the pivotal role of Tina, short for Porpentina, a witch who – unlike the beloved characters from Rowling’s Harry Potter books – works her magic in the U.S. She meets magizoologist Newt Scamander (Redmayne) when he stops in New York City on his travels to find and document magical creatures.
Warner Bros. Pictures president of creative development and worldwide production Greg Silverman said, “Katherine Waterston is a rising star, who was a revelation in our film Inherent Vice, earning the praise of both critics and audiences. We are thrilled to have her back in the Warner Bros. family, especially in one of our most anticipated titles for 2016, Fantastic Beasts and Where to Find Them.”
David Yates (director of the last four Harry Potter films) will direct from Rowling’s screenplay, inspired by Newt Scamander’s Hogwarts textbook Fantastic Beasts and Where to Find Them.
The film is being produced by David Heyman, producer of all eight Harry Potter features; Rowling; Steve Kloves, who scripted all but one of the Harry Potter films; and Lionel Wigram, who served as an executive producer on the last four installments of the franchise.
Waterston recently starred in Paul Thomas Anderson’s Inherent Vice, for which she shared in an Independent Spirit Award for Best Ensemble. She also stars in the upcoming biopic Steve Jobs, under the direction of Danny Boyle.
Warner Bros. Pictures will release Fantastic Beasts and Where to Find Them in 3D and Imax on 18 November, 2016.
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.
