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Vin Diesel to be seen in ‘World’s Most Wanted’

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MUMBAI: Universal Pictures has roped in the famed The Fast and the Furious actor to be the lead of the movie. Dan Mazeau is the script writer who had previously co-written the script for Warner Bros’ Wrath of the titans. The action adventure movie is being rewritten by him. The original was written by Will Staples and Sean O’Keefe.

 

Neal Moritz will be producing the movie. Moritz and Diesel have worked together on The Fast and the Furious series. Mazeau is represented by CAA, Circle of Confusion and Katz Golden while Diesel is repped by CAA and Brillstein Entertainment Partners.

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Hollywood

UK watchdog CMA to probe Warner Bros-Paramount merger deal

Phase 1 review to assess competition risks as industry voices opposition

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LONDON: The Competition and Markets Authority is set to launch a preliminary investigation into the proposed $110 billion merger between Warner Bros Discovery and Paramount, marking the first formal regulatory step in assessing the deal’s impact on competition.

The UK watchdog has initiated a consultation process with industry stakeholders, inviting comments until April 27. This phase, known as a Phase 1 review, will evaluate whether the merger could harm competition across the film and television sectors, both of which play a significant role in the UK economy.

“We expect to launch our phase 1 investigation in the coming weeks,” said Competition and Markets Authority spokesperson, in an emailed statement to Reuters. “The film and TV industries contribute billions to our economy, so it’s important we assess whether deals between studios may harm competition.”

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The proposed transaction, which also involves Skydance Media, would bring together two of Hollywood’s largest studios, combining extensive content libraries and potentially reshaping the global entertainment landscape.

Following the initial assessment, the regulator will decide whether to escalate the matter to a more detailed Phase 2 investigation, which typically involves deeper scrutiny of market dynamics and competitive risks.

The deal is already facing growing resistance from within the creative community. More than 1,000 industry professionals, including Jane Fonda, Mark Ruffalo and Ben Stiller, have publicly opposed the merger, warning it could reduce opportunities, limit storytelling diversity and place further strain on an industry still adjusting to rapid change.

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As regulators begin to weigh the implications, the proposed merger is shaping up to be a defining test of how far consolidation can go in a media industry already in flux.

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