Hollywood
Mauritanian ‘Timbuktu’ sweeps Cesar Awards; Sean Penn gets honorary award
NEW DELHI: Abderrahmane Sissako’s foreign-language Oscar-nominated Timbuktu swept the 40th Cesar Awards in France with seven awards including the Best film and director prizes.
The film also received awards for original screenplay (Abderrahmane Sissako, Kessen Tall), cinematography (Sofian el Fani), editing (Nadia Ben Rachid), sound (Philippe Welsh, Roman Dymn, and Thierry Delor), and music (Amin Bouhafa).
Timbuktu was curiously overlooked at Cannes where it world premiered in competition. Although the movie is considered to be the first Mauritanian film in the running for a foreign-language Oscar, it was financed in France, produced at Sylvie Pialat’s Paris-based Les Films du Worso and distributed/sold by Jean-Labadie’s Le Pacte.
Kristen Stewart was chosen supporting actress for her performance as Juliette Binoche’s assistant in Clouds of Sils Maria, becoming the first American actress to win a Cesar trophy.
Xavier Dolan’s French-Canadian Mommy won best foreign film and the best actor and actress wins went to Comedie Francaise-trained Pierre Niney for his performance in Jalil Lespert’s film on the famed French designer Yves Saint Laurent and Adele Haenel for her role in Love at First Fight.
Another picture on the designer by Bertrand Bonello, Saint Laurent, won best costumes award for Anais Romand.
Love at First Fight, an unusual romantic comedy that takes place in an Army boot camp, also won best directorial debut for Cailley and male newcomer for Kevin Azais. The film also marks the first film of its producer, Pierre Guyard at Nord-Ouest. The film has been sold to all major territories and will be distributed in the United States by Strand Releasing.
Up-and-coming thespian Reda Kateb, who previously starred in Zero Dark Thirty and Lost River, won best supporting actor for his performance as an intern in a Paris hospital in Hippocrate.
Eric Lartigau’s dramedy blockbuster La Famille Belier, the most mainstream contender of this year’s race, earned its star Louane Emera a best newcomer award. La Famille Belier is still playing in theaters and has so far totaled more than 6 million admissions.
Well-known American actor and director Sean Penn was presented an honorary Cesar award.
Other awards were: Adapted Screenplay – Cyril Gely, Volker Schlondorff, Diplomacy; Set Decoration – Thierry Flamand for ‘The Beauty and the Beast’; Animated Film – Minuscule and Documentary – Salt of the Earth, Wim Wenders.
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.
