Hollywood
Tarzan to exhibit his wilderness into Indian cities this April
MUMBAI: The latest motion capture animated motion picture adaptation of Edgar Rice Burrough’s beloved Tarzan will be released in India by PVR Pictures on 18 April.
Commenting on the release of Tarzan, PVR president Kamal Gianchandani, states, “Tarzan is a family entertainer set to release in times when animated movies are the toast of the season. The story’s universal appeal coupled with state of the art special effects will undoubtedly win over Indian fans. We feel privileged to maintain our endeavor to bring the best of international titles to India.”
The film features the vocal talents of Kellan Lutz (The Twilight Saga) as Tarzan, Spencer Locke (Resident Evil), Jaime Ray Newman (Mind Games), Mark Deklin (Devious Maids) and Trevor St. Johns (One Life to Live) and is directed by Reinhard Klooss (Animals United).
The story of Tarzan, the ape-like protagonist begins with an expedition in the remote African jungle where in an unfortunate series of events, John Greystoke and his wife are killed in a helicopter crash while investigating a mysterious meteorite site. Only their young son J.J., nicknamed Tarzan, survives. A group of gorillas discover the boy in the wreckage and take him in as their own. Tarzan grows up learning the harsh laws of the jungle for nearly a decade until he encounters another human being – the courageous and beautiful young Jane Porter. It is love at first sight. But things get dangerous when William Clayton, who travels to Africa with Jane under false pretense, reveals his true – and greedy – intentions. Tarzan, now a man like no other, must use all his jungle instincts and intellect to protect his home and defend the woman he loves.
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.
