Hollywood
Oprah Winfrey starrer ‘Selma’ addresses racial crises and struggles
MUMBAI: Oprah Winfrey’s new movie Selma centers on a key moment in the civil rights movement of the 1960s.
The film, which is slated to open on Christmas Day this year, will mirror the struggle in the age of Ferguson and Garner and dramatise how King (David Oyelowo) rallied peacefully in 1965 against Southern racism and Alabama governor, George Wallace (Tim Roth) in order to get President Lyndon Johnson (Tom Wilkinson) to pass the voting rights act and ensure black enfranchisement.
Talking about how even today protesters fill the streets to protest police killings of unarmed black men, Winfrey says, “You look out of your window and see people protesting, and then look at Selma and it looks similar. It’s a wonderful thing that people are protesting”.
“When they say, enough is enough and that injustice anywhere is a threat to justice everywhere, it reiterates what Martin Luther King said in Selma,” she adds.
The issue is certainly close to Winfrey’s heart. Her message of empowerment is a part of everything she does. Winfrey, who herself was born poor to a family in Mississippi, began her career as a Chicago newsreader 30 years back. Today, the 60-year-old magnate is a successful talk show presenter and a multi-faceted personality.
Selma is set to release on 25 December 2014.
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.
