Hollywood
Kristen Bell and Michael B. Jordan to Host Academy’s Sci-Tech Awards
MUMBAI: Actors Kristen Bell and Michael B. Jordan will host the Academy of Motion Picture Arts and Sciences’ Scientific and Technical Awards on Saturday, February 15, at The Beverly Hills Hotel. They will present 19 awards to 52 individual recipients during the evening.
“We are thrilled to have Kristen and Michael join us as hosts for this year’s Sci-Tech Awards,” said Academy President Cheryl Boone Isaacs. “They are bright, young talents in the film community and will be a great addition to a night that honors the industry’s technical achievements.”
Bell recently lent her voice to the Oscar-nominated Disney animated feature Frozen. She also will be seen in the title role of the upcoming feature Veronica Mars, in theaters this March. Bell’s other film credits include The Lifeguard, Hit & Run, When in Rome and Forgetting Sarah Marshall.
In 2013, Jordan appeared in his first major leading role in the critically acclaimed film Fruitvale Station. He also will be seen in That Awkward Moment, with Zac Efron and Miles Teller, due out this Friday. His other credits include Chronicle and Red Tails.
Portions of the Scientific and Technical Awards Presentation will be included in the Oscar telecast.
Awards for outstanding film achievements of 2013 will be presented on Oscar Sunday, 2 March, 2014, at the Dolby Theatre at Hollywood & Highland Center and televised live on the ABC Television Network. The Oscars, produced by Craig Zadan and Neil Meron, also will be televised live in more than 225 countries and territories worldwide.
Hollywood
Paramount eyes $24bn Gulf support to fund Warner Bros Discovery merger: Reports
Sovereign funds line up funding as media giants chase streaming scale
NEW YORK: Paramount Skydance is in talks to secure nearly $24 billion in equity commitments from Gulf sovereign wealth funds to support its planned takeover of Warner Bros. Discovery, according to a WSJ report.
The funding push comes as Paramount Skydance advances its proposed $110 billion deal for Warner Bros. Discovery, which carries an equity valuation of $81 billion and is expected to close in the third quarter of 2026.
At the heart of the financing plan are three major Gulf investors. Saudi Arabia’s Public Investment Fund is expected to contribute roughly $10 billion, while the Qatar Investment Authority and Abu Dhabi-based L’imad Holding are likely to make up the remainder.
Crucially, the proposed investments are structured as non-voting stakes. This means the Gulf backers would not have direct control in the combined entity, a move designed to ease regulatory concerns in the United States. Paramount executives reportedly do not expect the deal to trigger scrutiny from bodies such as the Committee on Foreign Investment in the United States or the Federal Communications Commission.
If completed, the merger would bring together a formidable portfolio of entertainment and news assets, including CNN and CBS. The combined entity aims to better compete in a fast-evolving media landscape where streaming platforms are steadily pulling audiences away from traditional television.
The deal reflects a broader shift in global media, where scale is increasingly seen as essential to survive the streaming wars. By pooling content libraries, technology and distribution, Paramount Skydance and Warner Bros. Discovery are betting on size and synergy to drive future growth.
The involvement of deep-pocketed Gulf investors also underscores the growing role of sovereign wealth in shaping global media consolidation, particularly at a time when high-value deals demand equally large financial backing.
With shareholder votes and regulatory milestones still ahead, the proposed tie-up remains one of the most closely watched media deals of the year. If it clears the final hurdles, it could redraw the competitive map of the global entertainment industry.
