Movies
Warner Bros India forays into regional film production, sews deal with Soundarya Rajnikanth
MUMBAI: Warner Bros Pictures India is set to foray into regional film production. The Hollywood major has stitched an exclusive multi-movie deal with Soundarya Rajnikanth’s Ocher Studios to get a footprint across the four southern languages.
According to the terms of the deal, Warner Bros will be involved in funding the film projects. The pact covers the production and distribution of Live-Action South Indian language films to be released by Warner Bros.
Soundarya Rajnikant, the daughter of superstar Rajnikant, said that it is a great privilege for her company to associate with a world leader in the entertainment industry. “Ocher Studios has always strived towards achieving high standards in quality content creation, and with Warner’s expertise in the marketing and distribution space this association will definitely create an impact in the film industry,” she added.
While Warner Bros specializes in the creation, production, distribution, licensing and marketing of all forms of entertainment and their related businesses, Ocher Studios offers its services ranging from VFX, digital film lab, non-linear editing, CGI, and pre-production.
“We are thrilled with this opportunity to expand our local production business across all four southern languages by getting into a strategic alliance with Soundarya Rajnikant of Ocher Studios. As is our practice, we will work closely with our partners to impart our experiences and expertise in a collaborative way,” said EVP Warner Bros International Richard J Fox.
Added Warner Bros. Pictures India country head Blaise Fernandes: “We are excited and proud to be working with Soundarya Rajnikant who is extremely talented, has good insight into film making and knows the pulse of the southern market. Given Soundarya and Ocher Studios’ creative skills combined with our marketing and distribution network, this is a perfect synergy between the two companies to come together.”
Hollywood
Paramount seeks FCC nod for foreign-backed $110 billion WBD deal
Gulf funds back merger as foreign stake nears 50 per cent, control stays with Ellison
NEW YORK: Paramount Global has approached the Federal Communications Commission seeking approval for foreign investments tied to its proposed $110 billion acquisition of Warner Bros. Discovery, marking another key step in one of the biggest media deals in recent years.
According to regulatory filings made public this week, the investment backing the deal includes major Gulf sovereign funds such as the Public Investment Fund, the Qatar Investment Authority and L’imad Holding Company. Together, foreign investors are expected to hold just under 50 per cent of Paramount’s equity once the transaction is complete.
Despite the sizeable international backing, Paramount has made it clear that voting control will remain with the family of chief executive David Ellison, ensuring the company stays firmly under US control as required by broadcasting rules.
A company spokesperson described the FCC filing as routine for transactions involving foreign capital and stressed that it does not impact the closing of the deal. Under US law, any significant foreign ownership in broadcast licence holders must undergo regulatory review.
The merger itself has already cleared a major hurdle, with Warner Bros. Discovery shareholders approving the deal on 23 April. The transaction values the company at $31 per share, a 147 per cent premium to its earlier trading price, reflecting strong strategic intent behind the tie-up.
If completed, the combined entity will bring together a vast portfolio including Warner Bros. film studios, HBO Max, and networks such as CNN, TNT and Discovery Channel. The deal is currently expected to close in the third quarter of 2026.
However, scrutiny is intensifying. The US Department of Justice has issued subpoenas seeking details on the merger’s potential impact on cinema competition, streaming services and content licensing. Reviews are also anticipated in international markets, including the United Kingdom.
There is also a financial safety net built into the agreement. If regulators ultimately block the deal, Paramount would face a $7 billion break-up fee. Additionally, the company has taken on $2.8 billion in obligations previously owed by Warner Bros. Discovery to Netflix following an earlier terminated arrangement.
Paramount maintains that easing foreign ownership barriers will unlock fresh capital and strengthen its ability to compete in a rapidly evolving media landscape. For now, the spotlight remains on regulators, whose decision will determine whether this global media consolidation moves from script to screen.
