Hollywood
Musicians Union sues Paramount for outsourcing jobs
MUMBAI: The American Federation of Musicians of the United States and Canada (AFM) has filed a suit against Paramount Pictures, Inc for recording the score toSame Kind of Different As Me in Slovakia.
“Only weeks after we filed suit against Paramount for offshoring jobs in other films, they did it again. This total disrespect for musicians is shameful. It is nothing more than corporate greed,” said AFM International president Ray Hair.
The complaint, filed earlier this week in Los Angeles, claims Paramount breached its collective bargaining agreement with musicians that required Paramount films produced in the United States or Canada to be scored in the United States or Canada.
Same Kind of Different As Me, directed by Michael Carney and starring Renée Zellweger, Greg Kinnear and Jon Voight, is in post-production and scheduled for release next April. The film, based on the bestselling novel of the same name, was filmed in and around Jackson, Mississippi but was scored in Bratislava, Slovakia last month.
Hair explained that profitable film producers are increasingly offshoring scores simply to drive up profits at the expense of musicians. He pointed to Same Kind of Different As Me as a prime example of this alarming trend, which cheats musicians.
The AFM is seeking breach of contract damages, including wages and benefits that should have been paid to musicians in the US or Canada.
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.
