Hollywood
Robert ‘Iron Man’ Downey, Jr joins Twitter
MUMBAI: The Iron Man himself has finally joined Twitter. With only six tweets as of now, he’s taken a dip into the social media universe. Within a couple of days, Downey has tallied 1.2 million followers. Wow, word travels fast.
Iron Man is a billion dollar franchise for Marvel since it first introduced Downey, Jr. as Tony Stark in 2008. Worldwide the first film grossed $585 million, the second one, $623.9 million and the third, $1.2 billion. The next Marvel title for the actor is Avengers: Age of Ultron which will bow 1 May, 2015 from Disney.
The actor has long been a strong presence on social media due to his many fans who call him #RDJ. His fans post video bits from the actor from media, on-stage award shows, red carpet appearances, and other media events showcasing the witty side.
His opening Tweet read: Loving all the love, folks. It’s been a blast. Though can somebody please explain how anyone can keep their thoughts to 140 characters or le
Below is the first pic that #RDJ shared with the twitterati, boy does he know how to start a party…
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Hollywood
WBD sets April 23 vote on $110bn Paramount Skydance merger
Investor approval key step, but regulators loom over mega media deal
NEW YORK: Warner Bros. Discovery has set April 23 as the date for shareholders to vote on its proposed $110 billion merger with Paramount Skydance, marking a crucial step in one of the biggest media deals in recent years.
The all-cash transaction offers WBD shareholders $31 per share, a hefty 147 per cent premium to its unaffected stock price, signalling strong intent to push the deal across the finish line. The company’s board has unanimously backed the merger and is urging investors to vote in favour.
Even if shareholders give the green light, the deal is far from done. Regulators in the United States and Europe are expected to scrutinise the merger closely, weighing concerns around competition and potential price impacts for consumers.
To keep investors on side, WBD has built in a safety net. If the deal is not completed by September 30, shareholders will receive a quarterly “ticking fee” of $0.25 per share until closure.
The proposed merger would significantly reshape the media landscape, combining the assets of Warner Bros. Discovery with those linked to Paramount Global and Skydance Media. It would also cement the growing influence of David Ellison, who has been steering Skydance’s aggressive expansion strategy.
“The WBD Board has been guided by the singular principle of securing a transaction that maximises the value of our iconic assets and delivers as much certainty as possible to our shareholders,” said Warner Bros. Discovery board chair Samuel A. Di Piazza Jr.. “This historic transaction will expand consumer choice and create new opportunities for creative talent.”
Warner Bros. Discovery chief executive officer David Zaslav added that the company is working closely with its counterpart to close the deal and unlock value for stakeholders.
With investor backing likely but regulatory hurdles ahead, the proposed merger is shaping up to be a defining moment for the global entertainment industry, where scale, content and competition are increasingly intertwined.
