Hollywood
MNX announces ‘King of Hollywood’
MUMBAI: MNX, Hollywood’s wild child, launches its biggest property ‘King of Hollywood’, starting December 17, 2018, Monday to Friday @9pm. MNX, the channel that resonates with the youth through its stylish, edgy, fast-paced, new-age, premium content has crafted the property, ‘King of Hollywood’ with an aim to find the biggest Hollywood movie buff of all time. Curated for every Hollywood movie enthusiasts, ‘King of Hollywood’ is a 75-day property featuring 75 super hit Hollywood movies, giving the viewers an opportunity to answer 75 questions and win MNX branded merchandise, mobile phones, bikes, play stations and a trip to every movie enthusiast dream destination, Hollywood, Los Angeles, California.
To participate in ‘King of Hollywood’ contest, viewers can watch their favorite Hollywood blockbusters Monday to Friday at 9pm -11 pm and give a missed call to answer the simple question that flashes during the movie. Under this property, MNX will feature movies like ‘Star Wars: The Force Awakens’, ‘Harry Potter and The Deathly Hallows-2’, ‘Iron Man’, ‘Spectre’, ‘POTC: Curse of The Black Pearl’, ‘The Dark Knight’ and many more.
Vivek Srivastava, EVP & Head Entertainment Cluster, Times Network said, “Hollywood has always been a premier destination for movie aficionados and visiting Hollywood is dream of any ardent movie lover. With ‘King of Hollywood’, viewers can truly complete their Hollywood experience. We have also crafted a robust social media campaign to build ‘King of Hollywood’ as an interactive and engaging property that will entertain every movie enthusiast.”
Hollywood
Paramount eyes $24bn Gulf support to fund Warner Bros Discovery merger: Reports
Sovereign funds line up funding as media giants chase streaming scale
NEW YORK: Paramount Skydance is in talks to secure nearly $24 billion in equity commitments from Gulf sovereign wealth funds to support its planned takeover of Warner Bros. Discovery, according to a WSJ report.
The funding push comes as Paramount Skydance advances its proposed $110 billion deal for Warner Bros. Discovery, which carries an equity valuation of $81 billion and is expected to close in the third quarter of 2026.
At the heart of the financing plan are three major Gulf investors. Saudi Arabia’s Public Investment Fund is expected to contribute roughly $10 billion, while the Qatar Investment Authority and Abu Dhabi-based L’imad Holding are likely to make up the remainder.
Crucially, the proposed investments are structured as non-voting stakes. This means the Gulf backers would not have direct control in the combined entity, a move designed to ease regulatory concerns in the United States. Paramount executives reportedly do not expect the deal to trigger scrutiny from bodies such as the Committee on Foreign Investment in the United States or the Federal Communications Commission.
If completed, the merger would bring together a formidable portfolio of entertainment and news assets, including CNN and CBS. The combined entity aims to better compete in a fast-evolving media landscape where streaming platforms are steadily pulling audiences away from traditional television.
The deal reflects a broader shift in global media, where scale is increasingly seen as essential to survive the streaming wars. By pooling content libraries, technology and distribution, Paramount Skydance and Warner Bros. Discovery are betting on size and synergy to drive future growth.
The involvement of deep-pocketed Gulf investors also underscores the growing role of sovereign wealth in shaping global media consolidation, particularly at a time when high-value deals demand equally large financial backing.
With shareholder votes and regulatory milestones still ahead, the proposed tie-up remains one of the most closely watched media deals of the year. If it clears the final hurdles, it could redraw the competitive map of the global entertainment industry.
