Hogwarts In The Snow 2016 At Warner Bros Studio Tour London
Not exactly Cartoon Network related, but Warner Bros. Studio Tour London (owned by Cartoon Network’s sister company Warner Bros.) will be running their annual Hogwarts In The Snow at Christmas event again this year. During the Christmas 2016 period at Warner Bros Studio Tour London, visitors will get the chance to see several scenes and props from the Harry Potter movies, such as the Great Hall decorated in its festive glory and also Harry Potter’s first Christmas present at Hogwarts – his invisibility cloak. Fireplaces throughout the different sets (including the Leaky Cauldron and the Great Hall) will be lit up by the film’s special effects crew. Visitors will also get to see the large model of Hogwarts covered in snow, the castle and grounds model will be encrusted with snow by the same Model Effects team that worked on the Harry Potter movies.
The studio is located in northwest London near Watford by the M1 Motorway, Watford Junction is the nearest main railway station, the station has regular rail services to London Euston and Birmingham New Street, from the railway station there’s also a regular bus service to the studio.
The Hogwarts in the Snow event will run from Saturday 19th November to Sunday 29th January 2017, tickets must be pre-booked and can be ordered from the official Warner Bros. Studio Tour London website:
From The Warner Bros Studio Tour London/Fever PR Press Release
This festive season, Harry Potter fans are invited to experience Christmas time at Hogwarts and discover how film-makers created fire, ice and snow that never melts as Warner Bros. Studio Tour London undergoes a magical makeover for Hogwarts in the Snow.
From 19th November – 29th January, visitors will have the opportunity to see the Harry Potter film series’ most iconic sets decorated for festive scenes. Christmas trees will line the Great Hall, the Gryffindor common room will be dressed for the season and a blanket of filmmaking snow will be meticulously applied to the majestic Hogwarts castle model.
After stepping onto the original stone floor of the iconic Great Hall, visitors will spot wreaths, garlands and trees decked with golden baubles that are topped with witches on miniature broomsticks. The long dining tables will be dressed as they were for seasonal feasts at Hogwarts with prop versions of roast turkeys, hams studded with cherries and even flaming Christmas puddings.
The Gryffindor Common Room and Boys’ Dormitory will be decorated with the original props including handmade Christmas cards, some of which were made by the cast members during production.
Fireplaces throughout the Studio Tour (including those in the Leaky Cauldron and Great Hall) will be ‘lit’ with special effects fire, created by John Richardson and the SFX team using a combination of water vapour and lighting effects. Visitors will also see the hand-knitted jumpers that Molly Weasley gave Ron and Harry for Christmas in Harry Potter and the Philosopher’s Stone. Other costumes on display will include one of the first Christmas presents Harry ever received at Hogwarts, his Invisibility Cloak and, for the first time, Madame Maxime’s costume from Harry Potter and the Goblet of Fire.
The Hogwarts castle model will be transformed for the occasion by a team led by Model Effects Supervisor José Granell, who worked on the Harry Potter film series. During filming, a member of the crew climbed aboard an elevated work platform and sprinkled the ‘snow’ mixture of granulated paper and grains of salt onto the model by hand with a sieve – like dusting sugar onto a cake. The same process will be used at the Studio Tour this November. Visitors will even be able to touch samples of the different types of ‘snow’ used during production, each selected for its ability to float like falling snow, crunch under foot or glisten in the light like ice.
Hogwarts in the Snow will run from Saturday 19th November – Sunday 29th January 2017. Tickets must be pre-booked and all extra features are included in the ticket price.
AT&T Buys Time Warner Pending Regulatory Decision: Cartoon Network Will (Probably) Have A New Owner By The End Of 2017
Time Warner (owners of Warner Bros, HBO and Turner) has agreed to be acquired by American telecommunications and satellite TV giant AT&T (American Telephone and Telegraph Company) for $85.4 billion, which could make it one of the largest media corporate takeovers ever. The acquisition deal was announced on Saturday evening (22/10/2016). AT&T buying Time Warner will more than likely change the way Turner and Warner Bros. is managed, this includes: Cartoon Network and its international variants along with Boomerang and sister channels, Cartoon Network Studios and Warner Bros. Animation.
Time Warner has been looking for a buyer for a few years now, Rupert Murdoch’s 21st Century Fox tried to buy the company a couple of years ago. In recent years, Time Warner has been spinning off various divisions of the company, including Warner Music, AOL, Time Warner Cable and Time Publishing to focus more on their television and movie content production divisions, Warner Bros., Turner and HBO. AT&T and Time Warner have been in talks since August, with numerous meetings between Jeff Bewkes (Chairman and CEO of Time Warner) and Randall Stephenson (Chairman and CEO of AT&T).
AT&T can trace its history all the way back to the Bell Telephone Company, a company founded by the inventor of the telephone – Alexander Graham Bell in 1875, the company grew to become one of the largest landline, mobile telephone and broadband internet service companies in the United States. AT&T has a complex history, with mergers, demergers and remergers, even AT&T spinoff SBC took over AT&T and re-branded their whole company as AT&T. AT&T wanted to buy Time Warner because of its television and movie content, they purchased the largest satellite television provider in the United States – DirecTV in 2015 and they want a content division to run alongside its home and mobile media distribution division.
The takeover is very similar to the Comcast/NBC Universal merger in 2011, a cable television company buying a TV and movie business. If the AT&T merger gets approval from the U.S. Department of Justice, I hope that there won’t be any changes to the way the ex-Time Warner entertainment part of the business is run and is kept separately with the same management which has the right expertise. AT&T is first and foremost a telecommunications company and they purchased Time Warner because its content is attractive to their company and shareholders as it has potential to make a profit for their distribution business, it would be incredibly unwise to start making changes to a media company when AT&T has little to no experience in the media sector and to start making job losses.
All we can do is wait and see what happens next as the deal is expected to be completed in late 2017.
AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies.
The deal combines Time Warner’s vast library of content and ability to create new premium content that connects with audiences around the world, with AT&T’s extensive customer relationships, world’s largest pay TV subscriber base and leading scale in TV, mobile and broadband distribution.
“This is a perfect match of two companies with complementary strengths who can bring a fresh approach to how the media and communications industry works for customers, content creators, distributors and advertisers,” said Randall Stephenson, AT&T chairman and CEO. “Premium content always wins. It has been true on the big screen, the TV screen and now it’s proving true on the mobile screen. We’ll have the world’s best premium content with the networks to deliver it to every screen. A big customer pain point is paying for content once but not being able to access it on any device, anywhere. Our goal is to solve that. We intend to give customers unmatched choice, quality, value and experiences that will define the future of media and communications. With great content, you can build truly differentiated video services, whether it’s traditional TV, OTT or mobile. Our TV, mobile and broadband distribution and direct customer relationships provide unique insights from which we can offer addressable advertising and better tailor content,” Stephenson said. “It’s an integrated approach and we believe it’s the model that wins over time. “Time Warner’s leadership, creative talent and content are second to none. Combine that with 100 million plus customers who subscribe to our TV, mobile and broadband services – and you have something really special,” said Stephenson. “It’s a great fit, and it creates immediate and long-term value for our shareholders.”
Time Warner Chairman and CEO Jeff Bewkes said, “This is a great day for Time Warner and its shareholders. Combining with AT&T dramatically accelerates our ability to deliver our great brands and premium content to consumers on a multiplatform basis and to capitalize on the tremendous opportunities created by the growing demand for video content. That’s been one of our most important strategic priorities and we’re already making great progress — both in partnership with our distributors, and on our own by connecting directly with consumers. Joining forces with AT&T will allow us to innovate even more quickly and create more value for consumers along with all our distribution and marketing partners, and allow us to build on a track record of creative and financial excellence that is second to none in our industry. In fact, when we announce our 3Q earnings, we will report revenue and operating income growth at each of our divisions, as well as double-digit earnings growth.
Bewkes continued, “This is a natural fit between two companies with great legacies of innovation that have shaped the modern media and communications landscape, and my senior management team and I are looking forward to working closely with Randall and our new colleagues as we begin to capture the tremendous opportunities this creates to make our content even more powerful, engaging and valuable for global audiences.”
Time Warner is a global leader in media and entertainment with a great portfolio of content creation and aggregation, plus iconic brands across video programming and TV/film production. Each of Time Warner’s three divisions is an industry leader: HBO, which consists of domestic premium pay television and streaming services (HBO Now, HBO Go), as well as international premium & basic pay television and streaming services; Warner Bros. Entertainment, which consists of television, feature film, home video and videogame production and distribution. Warner Bros. film franchises include Harry Potter & DC Comics, and its produced TV series include Big Bang Theory and Gotham; Turner consists of U.S. and international basic cable networks, including TNT, TBS, CNN and Cartoon Network/Adult Swim. Also, Turner has the rights to the NBA, March Madness and MLB. Time Warner also has invested in OTT and digital media properties such as Hulu, Bleacher Report, CNN.com and Fandango.
The new company will deliver what customers want — enhanced access to premium content on all their devices, new choices for mobile and streaming video services and a stronger competitive alternative to cable TV companies.
With a mobile network that covers more than 315 million people in the United States, the combined company will strive to become the first U.S. mobile provider to compete nationwide with cable companies in the provision of bundled mobile broadband and video. It will disrupt the traditional entertainment model and push the boundaries on mobile content availability for the benefit of customers. And it will deliver more innovation with new forms of original content built for mobile and social, which builds on Time Warner’s HBO Now and the upcoming launch of AT&T’s OTT offering DIRECTV NOW.
Owning content will help AT&T innovate on new advertising options, which, combined with subscriptions, will help pay for the cost of content creation. This two-sided business model — advertising- and subscription-based — gives customers the largest amount of premium content at the best value.
Summary Terms of Transaction
Time Warner shareholders will receive $107.50 per share under the terms of the merger, comprised of $53.75 per share in cash and $53.75 per share in AT&T stock. The stock portion will be subject to a collar such that Time Warner shareholders will receive 1.437 AT&T shares if AT&T’s average stock price is below $37.411 at closing and 1.3 AT&T shares if AT&T’s average stock price is above $41.349 at closing.
This purchase price implies a total equity value of $85.4 billion and a total transaction value of $108.7 billion, including Time Warner’s net debt. Post-transaction, Time Warner shareholders will own between 14.4% and 15.7% of AT&T shares on a fully-diluted basis based on the number of AT&T shares outstanding today.
The cash portion of the purchase price will be financed with new debt and cash on AT&T’s balance sheet. AT&T has an 18-month commitment for an unsecured bridge term facility for $40 billion.
Transaction Will Result in Significant Financial Benefits
AT&T expects the deal to be accretive in the first year after close on both an adjusted EPS and free cash flow per share basis.
AT&T expects $1 billion in annual run rate cost synergies within 3 years of the deal closing. The expected cost synergies are primarily driven by corporate and procurement expenditures. In addition, over time, AT&T expects to achieve incremental revenue opportunities that neither company could obtain on a standalone basis.
Given the structure of this transaction, which includes AT&T stock consideration as part of the deal, AT&T expects to continue to maintain a strong balance sheet following the transaction close and is committed to maintaining strong investment-grade credit metrics.
By the end of the first year after close, AT&T expects net debt to adjusted EBITDA to be in the 2.5x range.
Additionally, AT&T expects the deal to improve its dividend coverage and enhance its revenue and earnings growth profile.
Time Warner provides AT&T with significant diversification benefits:
Diversified revenue mix — Time Warner will represent about 15% of the combined company’s revenues, offering diversification from content and from outside the United States, including Latin America, where Time Warner owns a majority stake in HBO Latin America, an OTT service available in 24 countries, and AT&T is the leading pay TV distributor. Lower capital intensity — Time Warner’s business requires little in capital expenditures, which helps balance the higher capital intensity of AT&T’s existing business. Regulation — Time Warner’s business is lightly regulated compared to much of AT&T’s existing operations.
The merger is subject to approval by Time Warner Inc. shareholders and review by the U.S. Department of Justice. AT&T and Time Warner are currently determining which FCC licenses, if any, will be transferred to AT&T in connection with the transaction. To the extent that one or more licenses are to be transferred, those transfers are subject to FCC review. The transaction is expected to close before year-end 2017.
On Monday, October 24, at 8:30 am ET, AT&T and Time Warner will host a webcast presentation to discuss the transaction and AT&T’s 3Q earnings. Links to the webcast and accompanying documents will be available on both AT&T’s and Time Warner’s Investor Relations websites. AT&T has cancelled its previously scheduled call to discuss earnings, which had been set for Tuesday, October 25.
Turner operated channels in India especially Toonami (and HBO), are promoting Warner Bros’s biggest movie of the year Batman v Superman: Dawn of Justice. As part of the promotion, Turner is running a competition for fans to attend exclusive movie events in India and London, as well as a chance to win exclusive Batman vs Superman prizes.
This month, Toonami India is showcasing Batman and Superman movies on Saturdays and Sundays at 11.45am. Cartoon Network, POGO and Toonami are also having competitions for viewers to win movie merchandise. Viewers can take part in the competition by downloading HBO’s “RUSHH” mobile app, winners will get to meet celebrities at red-carpet events in London, Delhi and Mumbai. HBO and Warner TV will also air a “Choose your Side” teaser, that will be promoted on social media and numerous digital platforms. Batman v Superman: Dawn of Justice premieres in cinemas in India on Friday 25th March.