Hollywood
Two Indian films in Un Certain Regard at Cannes
NEW DELHI: Two Indian films have been chosen for the Un Certain Regard section at the Cannes International Film Festival, while renowned British-Indian filmmaker Asif Kapadia’s Amy will be featured in a Midnight Screening.
No Indian film has made it in the main competition of the festival being held from 13 to 24 May.
The Richa Chadda-starrer Masaan is the debut feature by Neeraj Ghaywan. “I am thrilled to be going again to Cannes with a movie! Over the moon, and excited about this for India and the team of Masaan… It’s a huge deal,” said Chadda, who had earlier been to the festival with the Gangs Of Wasseypur team.
Masaan is an Indo-French collaboration co-produced by Anurag Kashyap under the Phantom Films banner. The film also stars Shweta Tripathi, Sanjay Mishra and Vicky Kaushal in a gritty drama shot in Benaras.
“#Cannes2015 Masaan (Fly Away Solo) by Neeraj Ghaywan #UnCertainRegard,” confirmed the official Twitter handle of Cannes film festival. Ghaywan too took to Twitter to express his delight. “Happiest tweet I will ever put up. Our first film Masaan is selected at Un Certain Regard section of Cannes 2015,” he tweeted.
Gurvinder Singh’s Punjabi film Chauthi Koot (The Fourth Direction) is the other film in the section. Singh, who shot to fame with Anhe Ghore Da Daan, has turned his attention to state-sponsored crimes in Punjab of the 1980s and the resistance movement it spawned.
Asif Kapadia’s Amy is a documentary on the late Rhythm&Blues singer Amy Winehouse who was found dead at her residence of suspected alcohol poisoning at the age of 27 in July 2011. She achieved worldwide fame with her album Back to Black, which won five Grammies.
As was reported earlier by Indiantelevision.com, Emmanuelle Bercot will open Cannes with her film La Tete Haute.
There are 17 films in the main competition, fourteen in the Un Certain Regard, four out of competition, two Midnight Screenings, and six Special Screenings.
Hollywood
Paramount eyes $24bn Gulf support to fund Warner Bros Discovery merger: Reports
Sovereign funds line up funding as media giants chase streaming scale
NEW YORK: Paramount Skydance is in talks to secure nearly $24 billion in equity commitments from Gulf sovereign wealth funds to support its planned takeover of Warner Bros. Discovery, according to a WSJ report.
The funding push comes as Paramount Skydance advances its proposed $110 billion deal for Warner Bros. Discovery, which carries an equity valuation of $81 billion and is expected to close in the third quarter of 2026.
At the heart of the financing plan are three major Gulf investors. Saudi Arabia’s Public Investment Fund is expected to contribute roughly $10 billion, while the Qatar Investment Authority and Abu Dhabi-based L’imad Holding are likely to make up the remainder.
Crucially, the proposed investments are structured as non-voting stakes. This means the Gulf backers would not have direct control in the combined entity, a move designed to ease regulatory concerns in the United States. Paramount executives reportedly do not expect the deal to trigger scrutiny from bodies such as the Committee on Foreign Investment in the United States or the Federal Communications Commission.
If completed, the merger would bring together a formidable portfolio of entertainment and news assets, including CNN and CBS. The combined entity aims to better compete in a fast-evolving media landscape where streaming platforms are steadily pulling audiences away from traditional television.
The deal reflects a broader shift in global media, where scale is increasingly seen as essential to survive the streaming wars. By pooling content libraries, technology and distribution, Paramount Skydance and Warner Bros. Discovery are betting on size and synergy to drive future growth.
The involvement of deep-pocketed Gulf investors also underscores the growing role of sovereign wealth in shaping global media consolidation, particularly at a time when high-value deals demand equally large financial backing.
With shareholder votes and regulatory milestones still ahead, the proposed tie-up remains one of the most closely watched media deals of the year. If it clears the final hurdles, it could redraw the competitive map of the global entertainment industry.
