Hollywood
Sony Pictures unveils exciting 2015 line-up
MUMBAI: Starting the year with the comedy Sharafat Gaye Tel Lene hitting theatres on 16 January 2014, Sony Pictures has a fantastic lineup of movies that include Hollywood comedy The Wedding Ringer about a best man on hire, starring top comic Kevin Hart, Josh Gad and Kaley Cuoco-Sweeting.
That is not all! Neill Blomkamp’s Chappie with Sharlto Copley, Dev Patel and Hugh Jackman is next on the list, featuring a story about a robot with the ability to think and feel for himself.
Summer releases include the successful horror franchise Insidious, which takes the story back to the beginning. This will be followed by Pixels, a unique action comedy about aliens, directed by Chris Columbus and the comedy Grimsby, co-written by Sacha Baron Cohen.
After which, the film, Ricki and The Flash directed by Jonathan Demme will feature a story about an ageing rocker played by Meryl Streep.
The last quarter of the year will see Robert Zemeckis’ The Walk starring Joseph Gordon-Levitt and Ben Kingsley, based on the true story of high-wire artist Philippe Petit’s attempt to cross the Twin Towers of the World Trade Center in 1974.
The year ends with a bang with the highly anticipated James Bond film, Spectre releasing in early November, followed by the Genndy Tartakovsky-directed follow-up to the record-smashing Hotel Transylvania.
Sony Pictures India managing director Kercy Daruwala said, “In 2014 we released the biggest film of the year with The Amazing Spiderman 2 and consolidated our leadership position with five out of the top ten Hollywood films in India of all time. Our 2015 line-up promises an even more exciting year ahead, with the distribution of some local films, the scope of a sure-shot blockbuster like Spectre plus a very rich variety of other promising titles.”
Sony Pictures India director of marketing Divya Pathak added, “2014 was a very exciting and challenging year for us in which we took movie marketing where it’s never gone before, to all corners of the country, with franchises like Spider-Man. We are enthusiastic about our diverse and unique 2015 line-up and look forward to reaching new heights in marketing innovation.”
Sony Pictures India director of sales Appu said, “Our fantastic slate in 2015 holds equal promise for both audiences and exhibitors. With the Bond film slated for a release in the next diwali season, we intend to literally light up the box office.”
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.
