English Entertainment
‘Awkward’ and ‘Complete Savages’ add to the LOL moments on Comedy Central
MUMBAI: India’s only 24/7 comedy channel – Comedy Central is giving viewers two brand new reasons to laugh louder this March! As the festivities of the year begin, Comedy Central brings cheer & laughter with brand new episodes of Season 3 of Awkward that premiers onMarch 17, 2014 from Monday to Wednesday at 10 pm and an all new comedy show called Complete Savages airing March 24, 2014 – Monday to Wednesday at 10:30pm.
Here’s a peek into the new shows hitting the screens this March from the house of Comedy Central India!
Awkward Season 3:This popular teen show follows the life of Jenna, an unpopular 15 year old who gains immediate, yet unwanted, popularity at high school when the student body mistakes an accident she has for a suicide attempt. Season 3 will see Jenna and her friends take a trip to Europe while a lot more complications add to Jenna’s love life. It’s a show that focuses on entirely recognizable teenage pains, as endured by a teenager; the youth can immediately connect with. Winner of Favorite Cable TV Comedy at People’s Choice Awards, USA 2013 – Awkward is the perfect combination of fun, hilarity and sentiments. Tune in at 10 pm every Monday to Wednesday starting March 17, 2014 to catch up with Jenna in Awkward -Season 3!
Complete Savages:The series focuses on single dad Nick Savage struggling to raise his unruly sons, Jack, Chris, Sam, Kyle and T.J. alone, following the abandonment of their mother ten years ago. His five sons are constantly stirring up trouble and creating unpredictable circumstances for the entire family to resolve in one way or another. With comic twists and turns, watch a single father learn a new lesson every day as he brings up his children on Complete Savages – premiering March 24, 2014 – every Monday to Wednesday at 10.30 pm.
Get ready to ROFL this March with Comedy Central’s two latest offerings – Awkward season 3 and Complete Savages!
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.
