Hollywood
Robert De Niro to be honoured with Hollywood Career Achievement Award
MUMBAI: Two-time Oscar-winning actor Robert De Niro will be honored with the Hollywood Career Achievement Award. The awards ceremony will take place at the Beverly Hilton Hotel in Beverly Hills, on 1 November, 2015.
The Hollywood Film Awards has recognised excellence in the art of cinema and filmmaking for 18 years, honouring some of the world’s biggest stars.
“The Hollywood Film Awards is an incredible brand, previewing some of the biggest movies and stars of the year, while launching the award season. We are honored to have Robert De Niro as this year’s recipient of the Hollywood Career Achievement Award,” said Dick Clark Productions CEO Allen Shapiro.
De Niro is currently starring in Warner Bros. Pictures’ The Intern and will appear next in 20th Century Fox’s Joy, coming out 25 December, 2015.
Past honorees of the Hollywood Career Achievement Award include Glenn Close, Harrison Ford, Richard Gere, Dustin Hoffman, Michael Keaton and Robin Williams among others.
De Niro launched his motion picture career in Brian De Palma’s The Wedding Party in 1969 and has since starred in multiple movies including The Godfather, Part II for which he won the Oscar.
Hollywood
David Zaslav could net up to $887m as Warner Bros Discovery sells up
Media mogul strikes gold as Paramount Skydance deal triggers massive windfall
NEW YORK: While the average office worker might hope for a nice clock and a round of applause upon leaving, David Zaslav is looking at a slightly more substantial parting gift. The chief executive officer of Warner Bros Discovery is positioned to receive a windfall of up to $887 million following the company’s blockbuster $110 billion sale to Paramount Skydance.
In a twist of corporate fate that feels scripted for the big screen, the deal marks the finale of a high-stakes bidding war. It comes after Netflix, once the frontrunner, decided to exit stage left and abandon its pursuit of the HBO Max parent company.
While most people receive a standard final paycheck, the filing released on Monday suggests Zaslav’s exit package is built a little differently. If the deal closes as expected in the third quarter of 2026, the numbers break down like this:
The cash out: A severance package of $34.2 million, covering his salary and bonuses.
The equity: $115.8 million in vested shares he already owns.
The future fortune: A massive $517.2 million in unvested share awards, essentially “future stock” that turns into real money the moment the ink dries on the merger.
Perhaps the most eye-catching figure is the $335 million earmarked for tax reimbursements. However, this particular pot of gold has an expiration date.
The company noted that these reimbursements are tied to specific tax-code rules that significantly decline as time passes. If the deal hits a snag and drags into 2027, that tax payout drops to zero. With hundreds of millions on the line, the chief executive officer likely has every incentive to ensure the closing process moves at double-speed.
