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
WBD sets April 23 vote on $110bn Paramount Skydance merger
Investor approval key step, but regulators loom over mega media deal
NEW YORK: Warner Bros. Discovery has set April 23 as the date for shareholders to vote on its proposed $110 billion merger with Paramount Skydance, marking a crucial step in one of the biggest media deals in recent years.
The all-cash transaction offers WBD shareholders $31 per share, a hefty 147 per cent premium to its unaffected stock price, signalling strong intent to push the deal across the finish line. The company’s board has unanimously backed the merger and is urging investors to vote in favour.
Even if shareholders give the green light, the deal is far from done. Regulators in the United States and Europe are expected to scrutinise the merger closely, weighing concerns around competition and potential price impacts for consumers.
To keep investors on side, WBD has built in a safety net. If the deal is not completed by September 30, shareholders will receive a quarterly “ticking fee” of $0.25 per share until closure.
The proposed merger would significantly reshape the media landscape, combining the assets of Warner Bros. Discovery with those linked to Paramount Global and Skydance Media. It would also cement the growing influence of David Ellison, who has been steering Skydance’s aggressive expansion strategy.
“The WBD Board has been guided by the singular principle of securing a transaction that maximises the value of our iconic assets and delivers as much certainty as possible to our shareholders,” said Warner Bros. Discovery board chair Samuel A. Di Piazza Jr.. “This historic transaction will expand consumer choice and create new opportunities for creative talent.”
Warner Bros. Discovery chief executive officer David Zaslav added that the company is working closely with its counterpart to close the deal and unlock value for stakeholders.
With investor backing likely but regulatory hurdles ahead, the proposed merger is shaping up to be a defining moment for the global entertainment industry, where scale, content and competition are increasingly intertwined.
