Hollywood
Marvel releases first full trailer of Guardians of the Galaxy
MUMBAI: Marvel Studios unveiled its newest team of superheroes on Tuesday night with the first trailer for the movie Guardians of the Galaxy. The footage for the film, based on the cult Marvel comic, premiered on American Broadcasting Company (ABC)’s late night talk show, Jimmy Kimmel Live!
From Marvel, the studio that brought you the global blockbuster franchises of Iron Man, Thor, Captain America and The Avengers, comes a new team – the Guardians of the Galaxy. An action-packed, epic space adventure, Marvel’s Guardians of the Galaxy expands the Marvel Cinematic Universe into the cosmos, where brash adventurer Peter Quill finds himself the object of an unrelenting bounty hunt after stealing a mysterious orb coveted by Ronan, a powerful villain with ambitions that threaten the entire universe. To evade the ever-persistent Ronan, Quill is forced into an uneasy truce with a quartet of disparate misfits – Rocket, a gun-toting raccoon; Groot, a tree-like humanoid; the deadly and enigmatic Gamora; and the revenge-driven Drax the Destroyer. But when Quill discovers the true power of the orb and the menace it poses to the cosmos, he must do his best to rally his ragtag rivals for a last, desperate stand–with the galaxy’s fate in the balance.
Marvel’s Guardians of the Galaxy, which first appeared in comic books in Marvel Super-Heroes #18 (Jan. 1969), stars Chris Pratt (Parks and Recreation), Zoe Saldana (Avatar), Dave Bautista (Riddick), featuring Vin Diesel (Fast and Furious) as the voice of Groot, Academy Award nominee Bradley Cooper (Silver Linings Playbook) as the voice of Rocket, Golden Globe Award nominee Lee Pace (The Hobbit: The Desolation of Smaug), Michael Rooker (Henry: Portrait of a Serial Killer), Karen Gillan (Doctor Who), Djimon Hounsou (Blood Diamond), with Academy Award nominee John C. Reilly (Chicago), Primetime Emmy Award winner Glenn Close (Damages) as Nova Prime Rael and Academy Award winner Benicio del Toro (Traffic) as The Collector.
James Gunn (Thor: The Dark World) is the director of the film with Kevin Feige (Spiderman series) producing, and Louis D’Esposito (The Avengers), Victoria Alonso (Thor), Jeremy Latcham (Iron Man), Alan Fine (Agents of S.H.I.E.L.D.) and Stan Lee (X-Men: Days of Future Past) serve as executive producers. The story is by Nicole Perlman and James Gunn, with screenplay by James Gunn. Marvel’s Guardians of the Galaxy releases in U.S. theatres on 1 August 2014.
Check out the world premiere of The Guardians of the Galaxy trailer
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.
