At this age and time of my life, I seek peace: Amitabh Bachchan

Agencies
November 6, 2017

Mumbai, Nov 6: Actor Amitabh Bachchan has spoken at length about his name featuring in the Panama papers and Bofors scandal, explaining that he has always cooperated with the "system" but wishes to be left alone at this stage of his life.

Bachchan wrote his anguished post on his blog yesterday and said, "Tomorrow there could be more and the process of cooperation shall continue..."

This morning, the Indian Express newspaper reported that the actor is one of the Indians figuring in the 'Paradise Papers', an investigation into offshore and banking assets carried out by the newspaper with the International Consortium of Investigative Journalists (ICIJ).

The actor's post began as a response to a BMC notice sent to him for alleged "illegal construction" on his property.

"At this age and time of my life, I seek peace and freedom from prominence... To be left to lead the last few years of my life with and within myself... I do not seek epithets, I abhor them... I do not seek headlines, I do not deserve them... I do not seek acknowledgement, I am not qualified for it," Amitabh posted on his blog on Sunday.

He said he is yet to receive the notice from the authorities but, trusting the media reports, his lawyer has already given a statement on the matter.

The 75-year-old actor also talked about the controversy over his name featuring in the Panama Papers leak, another investigation done by Indian Express and ICIJ.

"In recent months I find my name appears again in the leaks of Panama, as produced by the Indian Express .. the paper has asked for reactions, for responses, for justification or not, for replies to their investigative queries."

The actor said two "instant replies" were given out by him of "denial and misuse of name" but the questions continued.

"Immediately after this, the system took over and since its revelation in the Express, has summoned me... at least 6 summons have been served to us and continue to come...

"Each one of them has been diligently, dutifully and duly replied to... personal appearances have been ordered, and we have made them at the varied different Agency Offices, both in Mumbai and in Delhi, both from Tax and Enforcement Departments and of their respective Intelligence Wings," Bachchan said.

The actor said some queries take time as the matter is more than 25 years old.

"It takes a while to dig out old files and to compile all that they want... the fullest cooperation has been extended at all hours as dutiful citizens... and even after, if there is any more query that needs to be addressed, we shall comply... It is the norm...," he said.

Bachchan said he will continue to cooperate if there is any fresh issue as he believes in abiding by the law of the land.

The actor also spoke about allegations against his family and him in the Bofors gun payoff scandal.

"There were allegations against my family and me in the Bofors Scandal... for years we were grilled, declared traitors, abused and humiliated by the hour for several years... when it became unbearable, we moved Court in the United Kingdom - for the requirement of speedy Justice .. we moved against a UK paper and won...," he said, adding while he suffered, those who accused him never faced anything.

The actor said it took 25 years for him to know that his name was planted in the scandal.

"When the media carried the news here in India, the press during one of its interactions with me asked me what I was going to do about it .. whether I would seek information on who did it, or seek retribution .. !!! WHAT RETRIBUTION AND INFORMATION WILL I SEEK ..? WILL IT TAKE AWAY THE YEARS OF SUFFERING AND MENTAL TORTURE THAT WE WENT THROUGH .. !!?? WILL IT CURE .. WILL IT REST .. ?? NO, IT WILL NOT .. so I told them, the media, I do not wish to make any comment on it .. the matter is over for me ..!

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News Network
January 12,2020

Mumbai, Jan 12: Shiv Sena leader Sanjay Raut on Sunday came out in support of actor Deepika Padukone, who is facing flak from the BJP and some other quarters over her visit to the JNU campus in Delhi to express solidarity with students who were recently attacked by armed assailants.

Raut, who is a Rajya Sabha member and the executive editor of Shiv Sena mouthpiece 'Saamana', said the country cannot be run in a "Talibani" style.

After Padukone's visit to the Jawaharlal Nehru University (JNU) on Tuesday, many appreciated her "silent solidarity", but some others criticised her for "supporting Leftists", saying it was a promotional stunt for her latest film "Chhapaak".

Some also demanded a boycott of her film, based on the life of an acid attack survivor, played by Padukone.

A section of BJP leaders also criticised the 34-year- old actor over her JNU visit.

Talking to PTI, Raut said, "The demand for boycott of the actress and her film is wrong. The country cannot be run in a 'Talibani' style."

"Chhapaak", directed by Meghna Gulzar, hit the theatres on Friday.

Declaring a movie tax-free means the state has waived the entertainment levy imposed on it, thereby bringing down the ticket rates and encouraging more people to watch it.

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News Network
February 2,2020

Feb 2: After creating a buzz with her recent low-key marriage, actor and model Pamela Anderson recently broke off her marriage with famous movie mogul Jon Peters, after just 12 days the wedding, reported Fox News.

The couple got married on January 20 in Malibu, California in a private marriage ceremony.

The Hollywood Reporter broke the news of the couple's split on Saturday stating that the pair has decided to "uncouple."

"I have been moved by the warm reception to Jon and my union. We would be very grateful for your support as we take some time apart to reevaluate what we want from life and from one another," Fox News quoted Anderson saying.

"Life is a journey and love is a process. With that universal truth in mind, we have mutually decided to put off the formalization of our marriage certificate and put our faith in the process, "she added.

Fox News further quoted a source close to Anderson as saying, "She's known Jon forever, but she never lived with him, contrary to some reports. And until you live with someone... Well, let's just say Pamela asked for a break. She is heading back to her compound in Ladysmith, Canada, to be with her family."

According to Fox News, the couple did not have any official marriage license.

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News Network
February 26,2020

New York, Feb 26: Disney CEO Bob Iger, who steered the company’s absorption of Star Wars, Pixar, Marvel and Fox’s entertainment businesses and the launch of a Netflix challenger, is stepping down immediately, the company said in a surprise announcement Tuesday.

The Walt Disney Co. named as his replacement Bob Chapek, most recently chairman of Disney’s parks, experiences and products business.

“Did not see this coming -- Wowza,” tweeted LightShed media analyst Rich Greenfield.

Iger will remain executive chairman through the end of his contract on Dec. 31, 2021. Besides leading the board, Iger said he will spend more time on Disney’s creative endeavors, including the ESPN sports network, the newly acquired Fox studios and the Hulu and Disney Plus streaming services. He said he could not do that while running Disney on a day-to-day basis.

“It was not accelerated for any particular reason other than I felt the need was now to make this change,” Iger said on a conference call with reporters and analysts.

Iger steered Disney through the successful purchases of Lucasfilms, Marvel, Pixar and other brands that became big moneymakers for Disney. Last year, the top five movies in U.S. and Canada theaters were all Disney movies, including two from Marvel and one from Pixar. With the Dec. 20 release of the latest “Star Wars” movie, Disney had seven movies that each sold at least $1 billion in tickets worldwide last year.

Iger’s most recent coup was orchestrating a $71 billion purchase of Fox’s entertainment business in March and launching the Disney Plus streaming service in November. That service got nearly 29 million paid subscribers in less than three months. In a statement, Iger said it was the “optimal time” for a transition.

Pivotal Research Group analyst Jeffrey Wlodarczak said Iger had implied he would stay until his contract ended in 2021.

“On the other hand, they just successfully closed the Fox deal and had an unquestionably successful launch of Disney Plus so maybe he felt earlier was better to hand off the reins,” he said.

Colin Gillis, director of research at Chatham Road Partners, said the choice of Chapek seems solid because his parks division has had success.

Chapek said that while he has not led television networks or streaming services, his background in consumer-oriented businesses should help. Chapek and Iger both stressed that Disney would continue on the direction it had already been taking.

Disney is facing challenges to its traditional media business as cord-cutting picks up, meaning less fees from cable and satellite companies to carry Disney networks such as ABC, ESPN and Freeform. Disney’s own streaming services require the company to forgo money in licensing revenue, although the company is betting that money from subscriptions will eventually make up for that.

In the short term, Disney parks in Hong Kong and Shanghai, China, remain closed because of the coronavirus outbreak. In a CNBC interview, Chapek said the outbreak may be a “bump in the road,” but he said the company could weather it given “affinity for the brand.”

Iger told CNBC he had no plans to stay with Disney beyond next year.

Iger’s appointment as CEO in 2005 had been accompanied by controversy and protest from dissident shareholders Roy E. Disney and Stanley Gold. But he has come to be seen as a golden-boy top executive, and even someone who could run for president.

Iger told Vogue in 2018 that he had started seriously exploring a run for president because he is “horrified at the state of politics in America today,” but the Fox deal stopped his plans. Oprah Winfrey told Vogue that she “really, really pushed him to run.”

Iger, a former weatherman, joined ABC in 1974, 22 years before Disney bought the network.

At ABC, Iger developed such successful programs as “Home Improvement,” “The Drew Carey Show,” and “America’s Funniest Home Videos” and was instrumental in launching the quiz show “Who Wants to Be a Millionaire.” He was also criticized for cancelling well-regarded but expensive shows such as “Twin Peaks” and “thirtysomething.”

Since Iger became CEO, Disney’s stock price has risen fivefold. Its stock fell more than 2% in extended trading following the announcement, on top of a broader market selloff on virus fears during regular trading.

Iger, 69, was the second-highest paid CEO in 2018, as calculated by The Associated Press and Equilar, an executive data firm. He earned $65.6 million. The top earner was Discovery’s David Zaslav who earned $129.5 million.

Susan Arnold, the independent lead director of the Disney board, said succession planning had been ongoing for several years.

Chapek, 60, is only the seventh CEO in Disney history. Chapek was head of the parks, experiences and products division since it was created in 2018. He was previously head of parks and resorts and before that president of consumer products.

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