Hollywood
Sterling 2 Ent unveils its next project with Sylvester Stallone
Sterling 2 Ent, the multi-entertainment production and investment agency established by the UK based media entrepreneur Teji Singh, has announced its second high-profile global entertainment project for 2014: An Evening with Stallone, taking place on 11 January, at Central Hall, Westminster, London.
Demand had soared to see the action hero of the silver screen c on stage. Famed for his roles in cult classics like Rocky, Rambo, Demolition Man and The Expendables, Stallone will treat the audience to an intimate evening of anecdotes about his illustrious career, private insights from his life.
The event is presented by leading entertainment impresario and event organiser Rocco Buonvino and entrepreneur Joe Ricotta, in association with film producer and founder of entertainment company Sterling 2 Ent Teji Singh.
Rocco Buonvino in association with Sterling 2 Ent recently presented the sell-out event An Evening with Al Pacino. Rocco Buonvino is aninternationally-renowned events and promotions supremo who has been at the forefront of staging some of the biggest world-wide entertainment events. He has worked with global superstars such Robin Gibb, Cliff Richard, Rod Stewart, Beverley Knight, Susan Black and now Sylvester Stallone.
Speaking about bringing Stallone to London, Rocco Buonvino said in a release: “I’ve had the pleasure to work with many major artists around the world, many of whom are dear friends. None come bigger than Sylvester Stallone, a true heavyweight of the silver screen, who is responsible for some of the world’s most iconic, cult film hits of our time.”
Founder of Sterling 2 Ent Teji Singh, said: “We are delighted to be part of this event. Sylvester Stallone is a global icon and seeing him in London is going to be very much a once in a lifetime opportunity.”
Seen as one of Hollywood’s most iconic stars, Sylvester Stallone will be seen at Christmas 2013 starring in Grudge Match with Robert DeNiro. In March, 2014, Rocky the Musical will open at The Winter Garden on Broadway. The musical is based on the original film written by Sylvester Stallone with music by Stephen Flaherty and lyrics by Lynn Ahrens.
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.
