Hollywood
Korean filmmaker Im Kwon-taek announces his 102nd film
NEW DELHI: Veteran South Korean director Im Kwon-taek whose films have featured in retrospectives in India, has announced his 102nd film: Hwajang – which in Korean means both “make-up” and “cremation”.
Im was recently featured in a retrospective at this month’s Busan International Film Festival. He said the film is based on Kim Hun’s 2004 short story, From Powder to Powder. A well-regarded English translation was published in 2007 in the expanded edition of the anthology Land of Exile: Contemporary Korean Fiction.
The blackly comic short story is about a middle-aged advertising executive’s infatuation with a healthy young woman in his company while his wife is dying from cancer. The story draws a contrast between the beauty products his company markets to hold back ageing and the inevitability of death and decay.
The role of the advertising executive will be played by An Seong-gi, a regular collaborator of Im. The actresses who will play his wife, daughter and mistress have yet to be announced. The film, which is produced by Myung Films, is expected to start shooting in December.
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.
