English Entertainment
The shows to look out for in 2015 on AXN
MUMBAI: Madam Secretary: Nominated for People’s Choice Award for New TV Series, AXN brings the best of latest American TV to Indian viewer with Madam Secretary. Co-produced by Oscar winning actor Morgan Freeman, the show is a political drama rooted in White House diplomacy. Elizabeth Faulkner Mc Cord played by Tea Leoni, former CIA analyst turned college professor is promoted to be United States Secretary of State under unusual circumstances. McCord gets an offer from the president that she can’t refuse, now she has to balance her complex family life and office politics as she tries to drive international diplomacy.
Telecast details:-Sat 11 pm/ Thu 11.30 pm and Sun 4 pm (Repeat)
Starting 10th Jan,2015
Wake Up Call: “Wake Up Call” will feature Dwayne Johnson lending a helping hand to everyday people who are facing enormous challenges in their lives, whether they be dead-beat dads, sports teams that don’t gel, or business owners struggling to survive. Johnson will bring his own brand of motivation to each group of people, from 4 a.m. wake-up calls, to emotional reunions and goal setting. Produced and hosted by Dwayne Johnson will bring in Rock style motivation on the TV screen, with the motto- when life gives you lemons, crush them!
Telecast Details-Sat-Sun 9 pm
Starting 31st Jan ,2015
Top Gear, Season 21: BAFTA and Emmy award winning series Top Gear, the world best motoring show takes the viewers to amazing locations to test the world’s most powerful and exotic cars. The famous trio of cuttingly funny Jeremy Clarkson, quirky Richard Hammond and contemplative James May makes it hugely entertaining and visually fantastic. Watch it for the love of automobile and for the love of intelligent entertainment.
Telecast Details-Sat-Sun 8.30 pm
Starting 3rd Jan ,2015
Top Chef, Seattle- Season 10: Padma Lakshmi is back as the host on the famous culinary show Top Chef Season 10 with 21 professional chefs. The judges Tom Colicchio, Emeril Lagasse, Wolfgang Puck, Gail Simmons and Hugh Acheson are set to evaluate them on some ordinary as well as not so ordinary culinary expertise like knife skills and creating a breakfast on a stick! The thrilling quickfire challenges are back in vogue on Top Chef! The Emmy winner, cult cookery show is back with its army of the best professional chefs to teach a few culinary skills to India.
Telecast Details-Mon-Thur 8:00 pm
Starting 26th Jan ,2015
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.
