English Entertainment
PTC gives ‘American Idol’ the thumbs up; ‘CSI’, ‘Desperate Housewives’ win criticism
MUMBAI: They are hugely popular shows in the US. However conservative American oprganisation Parents Television Council (PTC) which acts as a watchdog has criticised CSI and Desperate Housewives as being the worst for family audiences.
PTC announced its choices for the Top Ten Best and Worst Shows for family viewing on prime time broadcast television for the 2005-2006 season. It found that the top three worst shows for families – The War at Home, The Family Guy and American Dad are packaged as family shows. On a more positive note the music based reality show American Idol was ranked as one of the best shows for family viewing.
PTC president L. Brent Bozell says, “We provide this analysis as a guide for parents because it’s very difficult to monitor all the shows that are appropriate for family viewing and those that are not. We were alarmed to find that the three worst shows on prime time broadcast television are being marketed as family-friendly when, in fact, these shows are none other than wolves in sheep’s clothing.
“Families should not be deceived. The top three worst shows all contain crude and raunchy dialogue with sex-themed jokes and foul language. Even worse is the fact that Hollywood is peddling its filth to families with cartoons like The Family Guy and American Dad. These two shows have contained scenes in which characters are shown having sex and topics such as masturbation, incest, bestiality, and necrophilia are routinely discussed.
“There are several high quality shows on this list that families can watch together and not be caught by surprise over filthy dialogue or graphic sex and violence. However, it is clear that Hollywood does not care about families as evidenced by the fact that we could only cite nine shows on prime time that were deemed safe for family viewing. That is outrageous. Network executives should be ashamed and millions of families should be offended at their actions.”
Fox’s The War at Home is a sitcom about a married couple raising three teenagers.
This analysis is the PTC’s ninth ranking of the best and worst series on broadcast television from the perspective of family audiences. The lists are ranked based on the content of the program and the appropriateness of the show for children. The criterion for this annual ranking includes not only the frequency of foul language, sexual content and violence but also the time slot, target audience, themes and plotlines of the programmes.
English Entertainment
Warner Bros. Discovery shareholders approve Paramount deal
Investors wave through a $111 billion megamerger but deliver a stinging, if toothless, rebuke over half-a-billion-dollar goodbye packages
NEW YORK: The shareholders said yes to the deal. They said no to the cheque. At a virtual special meeting on Thursday that lasted barely ten minutes, Warner Bros. Discovery investors voted overwhelmingly to approve Paramount Skydance’s $111 billion acquisition of the company — and then turned around and voted against the lavish exit pay packages lined up for chief executive David Zaslav and his fellow outgoing executives.
Not that it will make much difference. The compensation vote is purely advisory and non-binding. The Warner Bros. Discovery board can, and almost certainly will, pay out as planned.
But the symbolism stings. It is the second consecutive year that WBD shareholders have voted against the executive compensation packages, and this time they had good reason. Zaslav’s exit deal is, by any measure, extraordinary. Under the terms filed with the Securities and Exchange Commission, he is set to receive $34.2 million in cash severance, $517.2 million in equity in the combined company, and $44,195 in continued health coverage — a total of at least $550 million. On top of that, Warner Bros. Discovery has agreed to reimburse Zaslav up to $335 million for taxes assessed by the Internal Revenue Service on his accelerated stock vesting, though the company says that figure will decline depending on when the deal closes. As of March 11, Zaslav also held $115.85 million in vested WBD stock awards — and last month sold a further $114 million worth of WBD shares.
Shareholder advisory firm ISS recommended voting against the compensation measure, citing “problematic” tax reimbursements to Zaslav and the full vesting of his stock awards.
Zaslav will be bound by a two-year non-competition covenant and a two-year non-solicitation of customers and employees after the deal closes.
His lieutenants are not walking away empty-handed either. J.B. Perrette, chief executive and president of global streaming and games, is in line for $142 million, comprising $18.2 million in cash severance and $123.9 million in equity. Bruce Campbell, chief revenue and strategy officer, will receive an estimated $121.5 million, including $18.8 million in severance and $102.7 million in equity. Chief financial officer Gunnar Wiedenfels is set for $120 million, made up of $6.6 million in cash severance and $113.1 million in equity. Gerhard Zeiler, president of international, will get $82.6 million, including $11.9 million in severance and $70.7 million in equity.
The deal itself, clinched in February after Netflix declined to raise its bid for Warner Bros., still needs regulatory clearance from the Justice Department and European authorities. Several state attorneys general are also weighing legal action to block it.
Senator Elizabeth Warren, Democrat of Massachusetts, was unsparing. “The Paramount-Warner Bros. merger isn’t a done deal,” she said after the shareholder vote. “State attorneys general across the country are stepping up to stop this antitrust disaster. We need to keep up this fight.”
If it does go through, the combined entity would be a formidable beast, bringing together Paramount Skydance’s stable — CBS, CBS News, Paramount Pictures, Paramount+, BET, MTV and Nickelodeon — with WBD’s portfolio of HBO, Max, Warner Bros. film and TV studios, DC, CNN, TBS, TNT, HGTV and Discovery+. Paramount has said it expects $6 billion in cost savings from the merger, which is Wall Street shorthand for mass layoffs on a significant scale.
The ten-minute meeting was presided over by chairman Samuel Di Piazza Jr., with Zaslav, Campbell, Wiedenfels and chief communications officer Robert Gibbs in virtual attendance. Di Piazza was bullish. “We appreciate the support and confidence our stockholders have placed in us to unlock the full value of our world-class entertainment portfolio,” he said. “With Paramount, we look forward to creating an exceptional combined company that will expand consumer choice and benefit the global creative talent community.”
Zaslav echoed the sentiment. “Over the past four years, our teams have transformed Warner Bros. Discovery and returned the company to industry leadership,” he said. “Today’s stockholder approval is another key milestone toward completing this historic transaction that will deliver exceptional value to our stockholders.”
Paramount Skydance struck a similar note. “Shareholder approval marks another important milestone towards completing our acquisition of Warner Bros. Discovery,” it said in a statement, adding that it looked forward to “closing the transaction in the coming months.”
The shareholders have spoken on the merger. On the pay, they were ignored before the vote was even counted.
