Hollywood
‘Wolf of Wall Street’ avoids NC-17 after sex cuts
MUMBAI: Director Martin Scorsese’s The Wolf Street of Wall Street has garnered an R rating – instead of the dreaded NC-17 – after the filmmaker agreed to trim certain nudity and sex scenes, insiders confirmed to The Hollywood Reporter.
Initially, the Classification and Ratings Administration Board indicated that Wolf of Wall Street, starring Leonardo DiCaprio as disgraced Wall Street broker and hedonistic party boy Jordan Belfort, was destined for the more restrictive rating because of abundant, explicit sex (not to mention drugs).
Scorsese and Paramount, which is distributing the movie in North America, had several exchanges with the ratings board in terms of what was needed to secure an R rating.
After cuts were made, the studio announced it would open Wolf of Wall Street on 25 December. Indications were that the running time had been reduced to two hours and 45 minutes, but the final count is two hours and 59 minutes, including credits (without credits, it is two hours and 53 minutes).
At that length, Wolf of Wall Street has the distinction of being Scorsese’s longest film, beating Casino by a minute.
Hollywood
WBD sets April 23 vote on $110bn Paramount Skydance merger
Investor approval key step, but regulators loom over mega media deal
NEW YORK: Warner Bros. Discovery has set April 23 as the date for shareholders to vote on its proposed $110 billion merger with Paramount Skydance, marking a crucial step in one of the biggest media deals in recent years.
The all-cash transaction offers WBD shareholders $31 per share, a hefty 147 per cent premium to its unaffected stock price, signalling strong intent to push the deal across the finish line. The company’s board has unanimously backed the merger and is urging investors to vote in favour.
Even if shareholders give the green light, the deal is far from done. Regulators in the United States and Europe are expected to scrutinise the merger closely, weighing concerns around competition and potential price impacts for consumers.
To keep investors on side, WBD has built in a safety net. If the deal is not completed by September 30, shareholders will receive a quarterly “ticking fee” of $0.25 per share until closure.
The proposed merger would significantly reshape the media landscape, combining the assets of Warner Bros. Discovery with those linked to Paramount Global and Skydance Media. It would also cement the growing influence of David Ellison, who has been steering Skydance’s aggressive expansion strategy.
“The WBD Board has been guided by the singular principle of securing a transaction that maximises the value of our iconic assets and delivers as much certainty as possible to our shareholders,” said Warner Bros. Discovery board chair Samuel A. Di Piazza Jr.. “This historic transaction will expand consumer choice and create new opportunities for creative talent.”
Warner Bros. Discovery chief executive officer David Zaslav added that the company is working closely with its counterpart to close the deal and unlock value for stakeholders.
With investor backing likely but regulatory hurdles ahead, the proposed merger is shaping up to be a defining moment for the global entertainment industry, where scale, content and competition are increasingly intertwined.
