iWorld
Tisca Chopra’s Saali Mohabbat finds a home on ZEE5
MUMBAI: Tisca Chopra is ready to step behind the camera with her directorial debut feature, Saali Mohabbat, a ZEE5 Original set to premiere later this year. Featuring Radhika Apte, Divyenndu Sharma, and Anurag Kashyap in lead roles, the film is produced by Jio Studios and Manish Malhotra’s Stage5 Production, marking the celebrated designer’s first venture into digital cinema.
After an acclaimed run at film festivals including IFFI and the Chicago South Asian Film Festival, Saali Mohabbat is all set for its digital debut on ZEE5. Billed as a genre-bending ‘how-dunnit’, the story follows Smita (Radhika Apte), a small-town housewife whose seemingly ordinary life spirals into a dark maze of deceit, desire, and moral conflict. What begins as a domestic drama slowly unfolds into a chilling tale of love, betrayal, and blurred truths.
Tisca Chopra, known for her powerful on-screen performances, brings a sharp and empathetic gaze to her first feature as director. “With Saali Mohabbat, I wanted to tell a story that’s intimate yet unsettling, one that explores the invisible tensions in relationships and the ways love can morph into something darker,” she said. “Directing this film has been both terrifying and liberating, and I’m deeply grateful to my collaborators for trusting my vision.”
Producer Manish Malhotra described the project as a deeply personal one. “At Stage5, we back stories that are original in thought and strong in craft. Saali Mohabbat is layered and quietly powerful, exploring silence, choices, and consequence. Every frame reflects the team’s shared commitment to storytelling with purpose and soul,” he said.
Jio Studios president Jyoti Deshpande added, “We are proud to support bold voices like Tisca’s and to collaborate with creative forces such as Manish Malhotra. Saali Mohabbat is a perfect blend of emotional depth and cinematic finesse, a story that will resonate deeply with audiences.”
ZEE5 business head Hindi Kaveri Das said, “We’re thrilled to bring Saali Mohabbat to ZEE5 viewers. It’s not just a thriller, but a deeply human story that challenges conventions and keeps you hooked till the very end.”
With its blend of psychological intrigue, striking performances, and Tisca Chopra’s assured direction, Saali Mohabbat promises to be one of this year’s most compelling digital premieres, a love story that cuts deep and lingers long after the credits roll.
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.
