Hollywood
Miley Cyrus’ home robbed again
MUMBAI: Miley Cyrus’ Los Angeles home was robbed on 16 December 2014. According to prosecutors, a large quantity of her and her brother’s property was stolen from the 22 year old American singer and actress’ Toluca Lake home.
The alleged thief, Rusty Edward Sellner was arrested on Monday for the offence and entered pleas for the same. However, he was pleaded not guilty when the case went to court on Wednesday.
The Los Angeles police department’s north Hollywood division is investigating the alleged burglary.
Sellner will face a preliminary hearing at the Los Angeles county superior court, van nuys branch on 20 January 2014. He could face up to seven years and eight months in state prison if convicted.
Sellner has previous convictions for burglary and evading arrest.
This is the second burglary for Cyrus in less than a year and a third time in two years that her home has been targeted by thieves.
In May, thieves broke into her San Fernando Valley home and took clothes, purses, jewelry and a 2014 Maserati that was later abandoned. An Arizona couple went to prison for that break-in.
Hollywood
WBD sets April 23 vote on $110bn Paramount Skydance merger
Investor approval key step, but regulators loom over mega media deal
NEW YORK: Warner Bros. Discovery has set April 23 as the date for shareholders to vote on its proposed $110 billion merger with Paramount Skydance, marking a crucial step in one of the biggest media deals in recent years.
The all-cash transaction offers WBD shareholders $31 per share, a hefty 147 per cent premium to its unaffected stock price, signalling strong intent to push the deal across the finish line. The company’s board has unanimously backed the merger and is urging investors to vote in favour.
Even if shareholders give the green light, the deal is far from done. Regulators in the United States and Europe are expected to scrutinise the merger closely, weighing concerns around competition and potential price impacts for consumers.
To keep investors on side, WBD has built in a safety net. If the deal is not completed by September 30, shareholders will receive a quarterly “ticking fee” of $0.25 per share until closure.
The proposed merger would significantly reshape the media landscape, combining the assets of Warner Bros. Discovery with those linked to Paramount Global and Skydance Media. It would also cement the growing influence of David Ellison, who has been steering Skydance’s aggressive expansion strategy.
“The WBD Board has been guided by the singular principle of securing a transaction that maximises the value of our iconic assets and delivers as much certainty as possible to our shareholders,” said Warner Bros. Discovery board chair Samuel A. Di Piazza Jr.. “This historic transaction will expand consumer choice and create new opportunities for creative talent.”
Warner Bros. Discovery chief executive officer David Zaslav added that the company is working closely with its counterpart to close the deal and unlock value for stakeholders.
With investor backing likely but regulatory hurdles ahead, the proposed merger is shaping up to be a defining moment for the global entertainment industry, where scale, content and competition are increasingly intertwined.
