A24 Receives $225 Million Investment to Fuel Growth Plan

Cynthia Littleton Business EditorDiscovery CEO David Zaslav received a massive $203 million stock option grant last year that inflated his total 2021 compensation package to a staggering $246.6 million.The stock option grant comes as Zaslav is about to lead a much larger company as the merger of WarnerMedia and Discovery nears completion. Although Zaslav will not see any liquidity from those options for years to come — and the payout only comes in success — the sheer size of the package is sure to draw more criticism about excessive executive compensation.Zaslav received another $13.1 million in stock awards last year, in addition to $22 million in other compensation, on top of a previously reported $4.4 million bonus.

The Oscar-winning indie studio behind such movies as Moonlight and If Beale Street Could Talk, has secured a $225 million equity investment to fund its strategic growth plan.

Brent Lang Executive Editor of Film and MediaA24, the indie studio behind “Moonlight” and “Uncut Gems,” announced an equity investment of $225 million, which it says it will use to invest in and expand its production and distribution operations. Stripes serves as the lead investor for the round and Stripes’ Founder, Ken Fox, will join A24’s board as part of the investment. Neuberger Berman, on behalf of client funds, co-led a group of investors in the round.

Bella Hadid and her boyfriend Marc Kalman are spending some quality time together!

Rita Ora is heating up Milan!

Joshua Jackson and Jodie Turner-Smith make one picture perfect couple!

Gigi Hadid and her younger sister Bella are continuing to walk in the same fashion shows!

Lily James is looking so hot in her latest outfit!

Rihanna is continuing to slay the pregnancy style game!

Chloe Cherry, one of the breakout stars of Euphoria season two, is at Milan Fashion Week!

Bill Paxton‘s family has partially settled with an anesthesiologist medical group after suing for negligence in connection with his 2017 death.

Julia Fox is stepping out in style.

Bella Hadid and her boyfriend Marc Kalman are enjoying some downtime during Milan Fashion Week.

Bill Paxton‘s family has received a partial settlement with an anesthesiologist group in the wrongful death suit they filed after the actor’s death in 2017.

Nick Vivarelli International CorrespondentThe Russian invasion of Ukraine is reverberating in the classical music world, where star conductor Valery Gergiev, who has close ties to Russian President Vladimir Putin, is being forced to cancel engagements at La Scala in Italy as well as Carnegie Hall and other venues in the U.S.Gergiev, known to be an old friend and vocal supporter of Putin, last conducted Tchaikovsky’s opera “The Queen of Spades” on Wednesday evening at Milan’s famed La Scala opera house, where he was lightly booed, according to Italian press reports.On Thursday, as Russian tanks rolled into Ukraine, Milan mayor Giuseppe Sala, who is the president of La Scala, publicly urged Gergiev to condemn Russia’s invasion, saying that if the conductor — who has not commented Putin’s move — did not issue a statement, “the collaboration will be over,” he said. Gergiev is next scheduled to appear at La Scala on March 5.

Kim Kardashian is enjoying some retail therapy!

Kim Kardashian knows how to make an exit!