Hollywood
Sony can air ‘Danish Girl’ on TV as Tribunal reverses CBFC order
MUMBAI: Sony Pictures is now free to telecast ‘The Danish Girl’ on television.
The Film Certification Appellate Tribunal (FCAT) has ordered the Censor Board to grant certification to the British-American film for viewing on TV channels, by reversing the Board’s directive against airing the film on television.
The FCAT observed the film shows the “travails and sufferings of a husband who struggles to find his own identity, believing that he should be a woman.” “His wife empathises with him, remaining by his bed side all through his sex reassignment surgery in the 18th century,” it said.
The Central Board of Film Certification (CBFC) had approved the film for a theatrical release in January 2017 and granted it an A certificate. In March, however, the CBFC refused U/UA certification to the film necessary for a film to be telecast on TV channels, saying that the film should be viewed only by “mature adults”, Hindustan Times reported.
Based on by David Ebershoff’s fictional novel, the 2015 biographical romantic drama film directed by Tom Hooper is loosely inspired by the lives of Danish painters Lili Elbe and Gerda Wegener. The film features Eddie Redmayne as Elbe, one of the first known recipients of the reassignment surgery.
Citing a Supreme Court decision that granted recognition of gender identity to the transgender community by acknowledging the existence of the ‘third gender’, the FCAT chaired by Justice Manmohan Sarin reversed the CBFC’s decision.
Sony Pictures had, in their appeal, showed television shows revolving around similar subjects. Seeking U/UA certification, they had also offered 14 cuts in scenes and dialogues to make the film eligible for the small screen viewers.
Sony cited the examples of films such as Milk, The Brokeback Mountain, Boys Don’t Cry and D Train, and stated that these movies had been approved for telecast on Indian television after grant of U/UAcertificate. The production house, similarly, referred to shows such as Shakti-Ek Ehsaas Ki and The Big F that were being telecast on different channels.
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.
