Fiction
Rahul Sarangi – Greymatter Entertainment @ Mip Formats
Mumbai, April 6, 2018: Co-founder & Director, Rahul Sarangi is the First Indian invited to be on the panel of Spot the Talent (Formats) @ MIP Formats – 7th April & 8th April 2018 at the Palais des Festivals et des Congres de Cannes in Cannes, France. Rahul will be a panelist amongst renowned industry experts like Matt Steiner, MD, Primal Media, UK; Assaf Gil, CEO, Gill Formats, Israel; Roy Aalderink, Concept Street, Germany, David Flynn, Co-Founder, Youngest Media, UK; Meredith Chambers, MD, Electric Ray, Sony Pictures, USA; Ed Waller, ED, C21Media, UK.
MIPFormats is the incubator for big ideas, the next wave of must-see formats. Taking place two days before MIPTV, MIPFormats is where the world’s leading producers, commissioners, buyers and distributors discover the very best in entertainment formats.
Spot the talent – Indies Around The World – A platform to discover exciting formats that have just been commissioned (or are about to be) in this special spotlight, featuring independent format creators and producers from around the world.
About US
Greymatter Entertainment is a young media company that offers 360 degree media solutions. We produce LIVE sports, TV shows, digital content and focus on IPR creation. One of the few Indian companies to have sold original formats globally. Our energetic core team brings to the table over 60 years of corporate experience with companies like IMG, TWI, Sony Entertainment Television, MTV, Ten Sports & Viacom 18. With significant knowledge and experience of having produced shows all over the world, we thrive on pushing the evelope!
Rahul Sarangi, Co-Founder & Director, Greymatter Entertainment
Rahul has nearly a decade’s experience as a television professional. He has worked for top-of the-line media brands like Synergy and Contiloe in production and Colors and MTV Networks India. Rahul has been associated with shows like Roadies – India’s no.1 youth reality show, Fame Gurukul, Bluffmaster, Splitsvilla, MTV On the Job, MTV Style Awards, Music Awards Asia and many more.
Apart from producing shows, Rahul also directs live events and has directed international events like the Shakira Concert, Roger Waters Live, the Standard Chartered Marathons, IIFA Celebrity Cricket Live, IPL Funfeed – Live on Youtube and Horse Racing among others.
Fiction
Warner Bros Discovery sees Sachem Head double stake in Q4 filing
Activist fund ups bet as Paramount circles and Netflix deal looms
NEW YORK: Warner Bros Discovery has drawn fresh activist attention, with hedge fund Sachem Head Capital Management more than doubling its stake in the media giant during the fourth quarter, according to a regulatory filing.
The fund, one of 2025’s best performers, said it held nearly 8 million shares in Warner Bros Discovery by the end of December. The position ranks among its ten largest US equity bets, underlining growing investor interest in the company as takeover drama gathers pace.
The move comes at a pivotal moment for the studio and streaming group. Warner Bros Discovery has agreed to sell its streaming and studios business to Netflix, a deal that has stirred interest across the industry and sparked a rival approach from Paramount Skydance.
Paramount has already made a hostile bid that was rejected last month, but it is far from backing down. This week, the company stepped up pressure on Warner Bros Discovery, urging the board to at least consider whether its offer could be made more attractive than Netflix’s proposal.
Paramount has also hinted at a possible boardroom battle, suggesting it could attempt to replace directors. It even floated the idea of bringing in the head of Pentwater Capital Management, one of Warner Bros Discovery’s largest investors, as a potential board candidate.
With a market value of about 70 billion dollars, Warner Bros Discovery now sits at the centre of a high stakes contest between strategic buyers and activist investors. Sachem Head’s increased holding signals that the hedge fund sees opportunity in the turbulence.
The filing also revealed new bets by Sachem Head elsewhere. The fund bought 5.2 million shares in telecoms company EchoStar, and opened fresh positions in used car retailer Carvana and entertainment group Live Nation.
Such filings offer a snapshot of hedge fund portfolios at the end of the previous quarter. While they are backward looking, investors still track them closely for clues on which stocks are gaining favour or becoming targets for change.
