Movies
PVR INOX announces a captivating seven-round Mission Impossible challenge
Mumbai: The moment to enjoy yet another high-octane mission with the world’s most lethal agent Ethan Hunt has arrived with the imminent release of Mission Impossible: Dead Reckoning – Part One in cinemas on 12 July 2023. Adding to the anticipation and thrill of the film, PVR INOX has rolled out a seven-stage exclusive & online Mission Impossible Challenge where patrons stand a chance to win assured prizes & vouchers on purchase of tickets of this movie from the app and website of PVR and INOX.
From 4 to 11 July 2023, audiences can take part in the Mission Impossible challenge by booking tickets for the film on the PVR and INOX apps and websites. Upon booking, patrons get a confirmation message that will take them to the seven-stage Mission Impossible Challenge. Winners will receive exclusive vouchers that can be availed until 31 July 2023. The winners can also share the award card on social media straight from the gaming platform.
Commenting on this initiative, PVR INOX’s co-CEO Gautam Dutta, shared, “PVR INOX continues to provide exhilarating movie-centric experiences to patrons, which are not only exciting, but also rewarding. Going by the anticipation around the release of Mission Impossible: Dead Reckoning – Part One, we have curated an equally enthralling gaming experience, which would match the buzz of the movie. We are excited for the film to unfold and, in anticipation, have launched this enthralling challenge that will entice fans as they stand a chance to win exclusive vouchers valid at the cinemas. MI7 is undoubtedly the most awaited action film of the year, featuring the legendary Tom Cruise, who reprises his role as Ethan Hunt. We are certain of a great turnout for the film and are eager to welcome audiences.”
Tom Cruise returns once again with the franchise’s seventh film, which teases an adrenaline high with captivating twists and turns alongside exhilarating stunts & action sequences. The film follows Ethan Hunt and the IMF team, who must track down a terrifying new weapon that threatens all of humanity if it falls into the wrong hands. With control of the future and the world’s fate at stake, a deadly race around the globe begins. Confronted by a mysterious, all-powerful enemy, Ethan is forced to consider that nothing can matter more than the mission not even the lives of those he cares about most.
For a mission this immense, the challenge has to be enormous too. We bring to you the Mission Impossible 7 Challenge
Take this up now and unlock opportunities to win an assured prize
Steps:
1. Visit the PVR or INOX Mobile App/Website from July 4th to July 11th and book a… pic.twitter.com/CXsJlqKTDc— INOX Leisure Ltd. (@INOXMovies) July 4, 2023
Hollywood
Paramount Skydance secures financing for Warner Bros Discovery deal
Debt syndication and new loans push $111 billion merger closer to close
WASHINGTON: Paramount Skydance has taken a major step towards its planned acquisition of Warner Bros Discovery, securing fresh financing and completing the syndication of its bridge loan facility.
In a filing with the Securities and Exchange Commission, the company confirmed that the bridge facility has now been distributed among a group of 18 banks, reducing total commitments to $49 billion from an earlier $54 billion. The move spreads risk across lenders and signals growing confidence in one of the year’s largest media deals.
Alongside this, the company has finalised permanent financing arrangements, including $5 billion in senior term loans and a $5 billion revolving credit facility. A previously planned $3.5 billion credit line has been dropped as part of the restructuring.
The loans are secured against key assets, including Paramount Global, Skydance Media and Warner Bros post-merger, underlining the scale and complexity of the transaction.
The financing push follows a competitive bidding process earlier this year, which saw interest from players such as Netflix before Paramount Skydance emerged as the frontrunner. The deal, valued at $111 billion, is expected to close in the third quarter, subject to regulatory approvals.
Adding to the momentum, the company has also secured significant equity backing, including investments from Middle Eastern funds, with support from billionaire Larry Ellison, who has guaranteed the equity portion of the transaction.
Commenting on the development, Paramount Skydance chief strategy officer Andy Gordon said, “Our successful debt syndication and new debt facilities represent another important milestone towards the completion of our acquisition of Warner Bros Discovery.”
Once completed, the combined entity is expected to carry net debt of just under $80 billion, reflecting the sheer scale of the merger.
As Hollywood continues to consolidate in the streaming era, this deal could reshape the competitive landscape, with Paramount Skydance betting big on scale, content and financial muscle to take on global rivals.
