English Entertainment
11 Films You Must Watch Before Tuning In to the Oscars
Summer is over, and you know what that means in Hollywood – time to dust off those statuettes and start lobbying. Film festival season is about to kick off in earnest, with Venice, Toronto and New York all taking place back-to-back over the next month, which means that we’ll soon have a clear(ish) picture of the 2016 Oscar race. Specifically, we’ll have a sense of which would-be frontrunners are shaping up to be this year’s Birdman and Whiplash, and which look more like this year’s Unbroken and Big Eyes. Let us take a look at all the contenders of 2016’s best film.
Carol
Premiering at Cannes this year to rapturous praise and multiple standing ovations, Todd Haynes’s period romance is already one of the year’s most acclaimed releases. Based on Patricia Highsmith’s long-banned novel of the same name, Carol stars Cate Blanchett as a mysterious married woman who enchants Rooney Mara’s lonely young shop assistant.
Steve Jobs
Two years on from the best-forgotten Ashton Kutcher biopic, the life of Steve Jobs has been adapted once again in a much more promising form. Danny Boyle directs Michael Fassbender in the role of Jobs, from a script written by Aaron Sorkin which – much like Sorkin’s Oscar-winning script for The Social Network – weaves together multiple timelines in its portrait of Jobs backstage at three iconic product launches.
The Danish Girl
Eddie Redmayne may have won Best Actor for his portrayal of Stephen Hawking last year, but he’s making a strong run at round two with the role of transgender pioneer Lili Elbe, one of the first known recipients of gender reassignment surgery. Directed by Tom Hooper – no stranger to the Academy after The King’s Speech and Les Mis – the film also stars Alicia Vikander as Elbe’s wife, who plays a central role in her husband’s gradual self-discovery.
Joy
If you felt like there was something missing at last year’s Oscars, it was probably because Jennifer Lawrence wasn’t nominated for a David O Russell movie, following her two-year hot streak with Silver Linings Playbook and American Hustle. But she and O Russell are back in contention for 2016 with Joy, a biopic starring Lawrence as a struggling single mother who went on to invent the Miracle Mop. No, really.
Macbeth
He may have been memorably, inexcusably snubbed for Shame a few years back, but Michael Fassbender’s formidable slate this year could put him in line for a double Best Actor nomination. Justin Kurzel’s visceral adaptation of Shakespeare’s Scottish Play stars Fassbender as the conflicted, ambitious anti-hero, and Marion Cotillard as the scheming wife steering him in his fateful plot to kill the King and take his throne.
Suffragette
Carey Mulligan, Helena Bonham Carter and Meryl Streep lead the cast of this impressive period piece, which tracks the early years of the British women’s suffragette movement. Written by Abi Morgan, who has enjoyed prior Oscar success with The Iron Lady and Shame, this is a long overdue historical portrait that’s sure to be recognised.
The Revenant
Coming off Birdman’s unexpected sweep in the major categories last year, director Alejandro González Iñárritu hasn’t been resting on his laurels. His upcoming drama stars Leonardo DiCaprio as a rugged fur-trapper in the 1820s Rocky Mountains, who’s left for dead by his companions after a bear attack. Having survived the mauling, he sets out to wreak vengeance on the friends who abandoned him (Tom Hardy, Will Poulter and Domhnall Gleeson). Could this finally be the year Leo breaks his Oscar curse?
Bridge of Spies
Steven Spielberg’s latest historical picture follows an American lawyer (Tom Hanks) who is recruited by the CIA during the Cold War, to help them negotiate the release of a pilot imprisoned in the Soviet Union. Co-written by Joel and Ethan Coen, the film will premiere at this month’s New York Film Festival, but is already attracting a lot of early awards buzz.
The Hateful Eight
Quentin Tarantino’s long-delayed Western follows a group of bounty hunters who are caught up in a treacherous plot, after being forced to take shelter together during a blizzard. There are several intriguing possibilities for comeback performances among the cast – the central plot sees Kurt Russell’s “The Hangman” escorting Jennifer Jason Leigh’s “The Prisoner” to face justice for a murder – and the leaked script drama has only heightened anticipation for the finished product.
Trumbo
Having deservedly won all of the Emmys for his career-redefining performance as Breaking Bad’s Walter White, Bryan Cranston could now be in line for an Oscar nomination. He plays 1940s screenwriter Dalton Trumbo, whose career came to an abrupt and painful end after he – along with other scribes – was blacklisted as a communist. Previous years have borne out the idea that the Academy loves a Hollywood insider story, and the story of Trumbo’s fight against government officials and studio bosses alike could well strike a particular chord.
Room
Abrahamson gets extra points for the degree of difficulty involved in filming an intimate drama, half of which takes place in a 10-by-10 room, with just two performers, relative newcomer Larson and kid actor Jacob Tremblay.
Other films: Brooklyn, The Walk, Freeheld, Me and Earl and the Dying Girl, Black Mass, Genius, The Martian, Inside Out
English Entertainment
Warner Bros. Discovery shareholders approve Paramount deal
Investors wave through a $111 billion megamerger but deliver a stinging, if toothless, rebuke over half-a-billion-dollar goodbye packages
NEW YORK: The shareholders said yes to the deal. They said no to the cheque. At a virtual special meeting on Thursday that lasted barely ten minutes, Warner Bros. Discovery investors voted overwhelmingly to approve Paramount Skydance’s $111 billion acquisition of the company — and then turned around and voted against the lavish exit pay packages lined up for chief executive David Zaslav and his fellow outgoing executives.
Not that it will make much difference. The compensation vote is purely advisory and non-binding. The Warner Bros. Discovery board can, and almost certainly will, pay out as planned.
But the symbolism stings. It is the second consecutive year that WBD shareholders have voted against the executive compensation packages, and this time they had good reason. Zaslav’s exit deal is, by any measure, extraordinary. Under the terms filed with the Securities and Exchange Commission, he is set to receive $34.2 million in cash severance, $517.2 million in equity in the combined company, and $44,195 in continued health coverage — a total of at least $550 million. On top of that, Warner Bros. Discovery has agreed to reimburse Zaslav up to $335 million for taxes assessed by the Internal Revenue Service on his accelerated stock vesting, though the company says that figure will decline depending on when the deal closes. As of March 11, Zaslav also held $115.85 million in vested WBD stock awards — and last month sold a further $114 million worth of WBD shares.
Shareholder advisory firm ISS recommended voting against the compensation measure, citing “problematic” tax reimbursements to Zaslav and the full vesting of his stock awards.
Zaslav will be bound by a two-year non-competition covenant and a two-year non-solicitation of customers and employees after the deal closes.
His lieutenants are not walking away empty-handed either. J.B. Perrette, chief executive and president of global streaming and games, is in line for $142 million, comprising $18.2 million in cash severance and $123.9 million in equity. Bruce Campbell, chief revenue and strategy officer, will receive an estimated $121.5 million, including $18.8 million in severance and $102.7 million in equity. Chief financial officer Gunnar Wiedenfels is set for $120 million, made up of $6.6 million in cash severance and $113.1 million in equity. Gerhard Zeiler, president of international, will get $82.6 million, including $11.9 million in severance and $70.7 million in equity.
The deal itself, clinched in February after Netflix declined to raise its bid for Warner Bros., still needs regulatory clearance from the Justice Department and European authorities. Several state attorneys general are also weighing legal action to block it.
Senator Elizabeth Warren, Democrat of Massachusetts, was unsparing. “The Paramount-Warner Bros. merger isn’t a done deal,” she said after the shareholder vote. “State attorneys general across the country are stepping up to stop this antitrust disaster. We need to keep up this fight.”
If it does go through, the combined entity would be a formidable beast, bringing together Paramount Skydance’s stable — CBS, CBS News, Paramount Pictures, Paramount+, BET, MTV and Nickelodeon — with WBD’s portfolio of HBO, Max, Warner Bros. film and TV studios, DC, CNN, TBS, TNT, HGTV and Discovery+. Paramount has said it expects $6 billion in cost savings from the merger, which is Wall Street shorthand for mass layoffs on a significant scale.
The ten-minute meeting was presided over by chairman Samuel Di Piazza Jr., with Zaslav, Campbell, Wiedenfels and chief communications officer Robert Gibbs in virtual attendance. Di Piazza was bullish. “We appreciate the support and confidence our stockholders have placed in us to unlock the full value of our world-class entertainment portfolio,” he said. “With Paramount, we look forward to creating an exceptional combined company that will expand consumer choice and benefit the global creative talent community.”
Zaslav echoed the sentiment. “Over the past four years, our teams have transformed Warner Bros. Discovery and returned the company to industry leadership,” he said. “Today’s stockholder approval is another key milestone toward completing this historic transaction that will deliver exceptional value to our stockholders.”
Paramount Skydance struck a similar note. “Shareholder approval marks another important milestone towards completing our acquisition of Warner Bros. Discovery,” it said in a statement, adding that it looked forward to “closing the transaction in the coming months.”
The shareholders have spoken on the merger. On the pay, they were ignored before the vote was even counted.
