English Entertainment
The present served as the starting point from where we traced our steps backwards – Dr Spencer Wells
The National Geographic Channel is slowly but surely trying to carve a niche for itself by introducing different genres of programming.
The latest initiative challenges the very nature of the evolution of man. In order to promote its intriguing new documentary Journey of Man which airs on 15 December at 9 pm, the channel has brought down the brain behind the enterprise geneticist Dr Spencer Wells to India.
Indiantelevision.com correspondent Ashwin Pinto caught up with Wells who spoke about the discovery, his work and progress being made in the field of genetic engineering.
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How did you get involved with National Geographic and ‘Journey of Man’? When starting out, there were two basic issues to deal with. Where exactly do our origins lie, and how did we come to be in every single corner of the globe. One of my most remarkable findings came in Kazakhstan. A man Niyazov is the descendant of the Central Asian man who populated Europe and America. How much money did you spend on the project? Where did funding come from? This has been a collaborative effort with scientists from all over the world including India. Our method is to make contact with local regions especially indigenous tribes. Folk tales that they have to tell about their ancestors are also important. |
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What old theories of evolution does ‘Journey of man’ throw out of the window and is Darwinism one of them? The advantage of the Y Chromosome is that it is handed down only by the male parent unmingled with a woman’s DNA. So it can stay the same from generation to generation. It can only change with a mutation which is an accidental but natural change in the genetic code. This can happen to strengthen the immune system from newly emerged diseases. From your research in the 60,000 years, how rapidly did man’s intellectual and physical traits developed? 60,000 years ago the world was in the grip of an ice age. So a lot of land mass was uncovered which is now buried in the sea and that is how I believe our ancestors travelled. This was the first migration wave. I believe that the ancestors of Australian aborigines come from here. The second wave took place 45,000 years ago. Southern Indians trace their ancestors from here. What is remarkable is that they survived although temperatures could reach minus 100 degrees. How did men, women of different colours come into being if we all come from a black man? Has your theory generated a lot of controversy and heated debate among the scientific community? Over the last five years, has the amount of coverage that television channels devote to genetic and scientific discoveries, research, studies gone up? |
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For how long have you been a geneticist? Now we are working a new project on the Journey of Man microsite on the National Geographic site. This is a global project in order to obtain a genetic snapshot. We will create a place on the site which will allow visitors to digitally create an attractive face they would like to get sexually involved with. This is then fed into a database. Through the regional average we hope to get an insight into how races evolved. The global average will give us a glimpse into Adam and Eve. Speaking of this I look at the Bible with its stories of the Garden of Eden, Noah’s Ark as a parable seeking to explain a diverse strand of elements and circumstances. What kinds of advances have been made since you started out? Besides ‘Journey of Man’, what other important research projects have you been involved in? Is the extinction of animal species in the future still a huge concern when one considers the advances in cloning? Finally do you see a bright future for biotechnology research in India? |
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.










