iWorld
SonyLIV’s ‘The Whistleblower’ to begin streaming on 16 Dec
Mumbai: SonyLIV has announced its latest fictional offering “The Whistleblower” that begins streaming on 16 December.
Produced by StudioNEXT, the series features actors Ravi Kishan, Ritwik Bhowmik and Sonali Kulkarni in leading roles. Directed by Manoj Pillai, created and written by Ajay Monga, the series also features actors Ankita Sharma, Ashish Verma, Hemant Kher, Joy Sengupta, Riddhi Khakar, Sachin Khedekar and Zakir Hussain among others in prominent roles.
The series is inspired by a series of true events across India. The show traces the journey of Dr Sanket played by Ritwik, a final year medical student who gets himself entangled in a chain of events that trigger chaos within a system. The repercussions of Sanket’s actions take a toll on his personal life and his world starts to crumble.
Directed by Manoj Pillai, created and written by Ajay Monga, the series also features actors Ankita Sharma, Ashish Verma, Hemant Kher, Joy Sengupta, Riddhi Khakar, Sachin Khedekar and Zakir Hussain among others in prominent roles. “This is my first directorial-debut and I couldn’t have asked for a story better than this,” said Manoj Pillai. “The script is new-age, pathbreaking and bold. I am elated to be backed by SonyLIV and StudioNEXT who are known to push the bar and create authentic and gripping content.”
“‘The Whistleblower’ is a fictional story but is absolutely relevant to India. We are happy to bring a power-packed narrative that has been put together by StudioNEXT, Manoj Pillai and Ajay Monga,” said Sony Pictures Networks India head – content SonyLIV and Sony Entertainment Television Ashish Golwalkar.
“At StudioNEXT, it’s our endeavour to present to our viewers ‘entertainment shows with a purpose,” said StudioNEXT head Indranil Chakraborty. “In line with this thought, we are excited to present an impactful and compelling story with ‘The Whistleblower’. With a brilliant set of actors, the series has been spearheaded by a strong team led by the creative vision of Ritesh Modi. Ajay Monga’s writing and Manoj Pillai’s direction brilliantly work together bringing alive the story with utmost authenticity.”
“‘The Whistleblower’ is a fictional story with shades of real incidents that have frequently occurred around us,” said StudioNEXT creative director Ritesh Modi. “Hence it was our priority to keep the story authentic and engaging in its narration. I am very delighted that the show stands high on parameters that makes it a compelling watch.”
“‘The Whistleblower’ is a story of a privileged medical student who takes his lifestyle and opportunities for granted,” said writer and creator Ajay Monga. “His casual approach and reckless actions result in his own moral compass of right and wrong being compromised. Later, his conscience ultimately leaves him with no option but to turn into a Whistle-blower.
“Playing a character like Sanket in ‘The Whistleblower’ has been challenging yet fulfilling,” said actor Ritwik Bhowmik. “The script and director’s vision helped me shape the character of Sanket and bring depth to it. I am grateful to SonyLIV and StudioNEXT for this career-defining opportunity.”
“Jayraj’s character has been one of the most interesting one in my career,” said actor Ravi Kishan. “The character has many layers and needed to be played with utmost conviction. I hope the viewers find it interesting and enjoy watching it as much as I enjoyed playing it.”
iWorld
Bill Ackman’s Pershing Square makes $64 billion bid to acquire Universal Music Group
Ackman pitches NYSE relisting plan as UMG board weighs unsolicited offer
The hedge fund has proposed a business combination that values UMG at €30.40 per share, representing a hefty 78 per cent premium to its current trading price. The offer includes €9.4 billion in cash alongside stock in a newly formed entity, with shareholders set to receive €5.05 per share in cash and 0.77 shares in the new company for each UMG share they hold.
Under the proposal, UMG would merge with Pershing Square SPARC Holdings Ltd and re-emerge as a Nevada-based entity listed on the New York Stock Exchange. The move is designed to boost investor visibility and potentially secure inclusion in major indices such as the S&P 500.
Pershing Square Capital Management ceo Bill Ackman argued that while UMG’s operational performance remains strong, its market valuation has lagged due to external factors. “UMG’s stock price has languished due to a combination of issues that are unrelated to the performance of its music business,” Ackman said, pointing to concerns ranging from shareholder overhang to delayed US listing plans.
Ackman also flagged what he sees as untapped potential in UMG’s balance sheet and a lack of clear capital allocation strategy. He added that the market has not fully recognised the value of UMG’s €2.7 billion stake in Spotify, alongside gaps in investor communication.
The proposed transaction would also result in the cancellation of around 17 per cent of UMG’s outstanding shares, while maintaining its investment-grade balance sheet. Pershing Square has said it will fully backstop the equity financing, with debt commitments secured at signing. The deal is targeted for completion by the end of the year.
UMG, however, has struck a measured tone. The company confirmed that its board has received the non-binding proposal and will review it with advisers. It reiterated confidence in its current strategy and leadership under Lucian Grainge, signalling no immediate shift in stance.
The proposal comes at a time when global music companies are navigating evolving investor expectations, streaming economics and capital allocation pressures. For Pershing Square, the bet is clear: sharpen the financial story, relist in the US, and let the music play louder in the markets.
Whether UMG’s board is ready to change the tune remains to be seen, but the spotlight on its valuation just got a lot brighter.
