Hollywood
Lunch Box among four Indian films competing for 7th Asia Pacific Screen Awards
NEW DELHI: ‘Goopy Gawaiyaa Bagha Bajaiyaa’ by Shilpa Ranade, the animation film which is opening the International Children’s Film Festival of India, is among the 39 films from 22 countries will compete in the 7th Asia Pacific Screen Awards (APSA) in Brisbane on 12 December.
A total of four Indian films including Ritesh Batra’s Lunch Box are among the nominated films for the awards.
The jury headed by Indian director Shyam Benegal, are South Korean director Kim Tae-yong,Sri Lankan actress Malini Fonseka, Turkish actor Tamer Levent, Swiss director Christoph Schaub and Hong Kong producer Albert Lee.
For the first time there are nominations from Bangladesh, Jordan and Saudi Arabia. They come within the event’s broad definition of “Asia Pacific” that includes 70 territories with a combined population of 4.5 billion.
Hany Abu-Assad’s Omar (pictured) from Palestine received the most nominations. It is shortlisted for Best Feature Film as well in addition to nominations for actor Adam Bakri and cinematographer Ehab Assal.
The country with the most nominations is Japan, with six nominations in five categories, including Best Feature Film for Kore-eda Hirokazu’s family drama Like Father, Like Son.
The five other Best Feature nominations are Bangladesh’s Television, Sri Lanka’s With You, Without You Oba nathuwa oba ekka, Australia’s The Turning Point and Iran’s The Past (Le Passé).
Hollywood
Paramount Skydance secures financing for Warner Bros Discovery deal
Debt syndication and new loans push $111 billion merger closer to close
WASHINGTON: Paramount Skydance has taken a major step towards its planned acquisition of Warner Bros Discovery, securing fresh financing and completing the syndication of its bridge loan facility.
In a filing with the Securities and Exchange Commission, the company confirmed that the bridge facility has now been distributed among a group of 18 banks, reducing total commitments to $49 billion from an earlier $54 billion. The move spreads risk across lenders and signals growing confidence in one of the year’s largest media deals.
Alongside this, the company has finalised permanent financing arrangements, including $5 billion in senior term loans and a $5 billion revolving credit facility. A previously planned $3.5 billion credit line has been dropped as part of the restructuring.
The loans are secured against key assets, including Paramount Global, Skydance Media and Warner Bros post-merger, underlining the scale and complexity of the transaction.
The financing push follows a competitive bidding process earlier this year, which saw interest from players such as Netflix before Paramount Skydance emerged as the frontrunner. The deal, valued at $111 billion, is expected to close in the third quarter, subject to regulatory approvals.
Adding to the momentum, the company has also secured significant equity backing, including investments from Middle Eastern funds, with support from billionaire Larry Ellison, who has guaranteed the equity portion of the transaction.
Commenting on the development, Paramount Skydance chief strategy officer Andy Gordon said, “Our successful debt syndication and new debt facilities represent another important milestone towards the completion of our acquisition of Warner Bros Discovery.”
Once completed, the combined entity is expected to carry net debt of just under $80 billion, reflecting the sheer scale of the merger.
As Hollywood continues to consolidate in the streaming era, this deal could reshape the competitive landscape, with Paramount Skydance betting big on scale, content and financial muscle to take on global rivals.
