SINGAPORE: A hermit crab, a shiny-eyed shrimp and a crab with fuzzy spines are among over a dozen new species discovered in a deep-sea expedition off the Indonesian island of Java, scientists said.
The team from the National University of Singapore (NUS) and the Indonesian Institute of Sciences (LIPI) carried out the expedition for 14 days between March and early April.
The area covered included a long stretch of the Indian Ocean off Java’s southern coast as well as the Sunda Strait that separates the island from Sumatra.
“This is a part of the Indian Ocean that has been never been sampled for deep-sea animals so we really didn’t know what to find,” said Peter Ng, a crab expert and head of the Lee Kong Chian Natural History Museum at NUS.
“We were very surprised by the findings,” he said on Thursday, adding that the team had expected to discover creatures from the Indian Ocean and the surrounding areas already known to scientists.
But the discovery of species entirely new to science “tells us that there are things happening in that part of Indonesia that we don’t know,” said Ng, who co-led the expedition.
The researchers examined 63 sites as they sailed from Jakarta to Cilacap town in southern Java and back.
Three new species of spider crabs were discovered during the expedition, the scientists said in a statement.
One of them had a plate protecting its eyes which resembled oversized ears while another was bright orange in color.
Another discovery was a new species of hermit crab with bright green eyes, according to Indonesian scientist Dwi Listyo Rahayu, also a crab expert and the expedition’s co-leader.
One new species of shrimp had shiny eyes that reflect light, the scientists said.
Ng, the NUS professor, said the scientists will carry out a detailed study of the more than 12,000 creatures from 800 species they had picked up on the expedition and publish their findings in 2020.
They expect to discover more new species as they go along, he said.
The reason they immediately identified the new species of crabs, prawns and lobsters is that the scientists involved are experts in this field, he added.
Fuzzy crab, shiny-eyed shrimp discovered on Java expedition
Fuzzy crab, shiny-eyed shrimp discovered on Java expedition
How Netflix won Hollywood’s biggest prize, Warner Bros Discovery
- Board rejected Paramount’s $30 a share bid amid funding concerns, sources say
- Warner Bros board met daily before accepting Netflix’s binding offer
LOS ANGELES/NEW YORK: What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade and one that stands to reshape the global entertainment business landscape, people with direct knowledge of the deal told Reuters. Netflix announced on Friday it had reached a deal to buy Warner Bros Discovery’s TV, film studios and streaming division for $72 billion. Although Netflix had publicly downplayed speculation about buying a major Hollywood studio as recently as October, the streaming pioneer threw its hat in the ring when Warner Bros Discovery kicked off an auction on October 21, after rejecting a trio of unsolicited offers from Paramount Skydance .
Details of Netflix’s plan and the Warner Bros board’s deliberations, based on interviews with seven advisers and executives, are reported here for the first time.
Initially motivated by curiosity about its business, Netflix executives quickly recognized the opportunity presented by Warner Bros, beyond the ability to offer the century-old studio’s deep catalog of movies and television shows to Netflix subscribers. Library titles are valuable to streaming services as these movies and shows can account for 80 percent of viewing, according to one person familiar with the business.
Warner Bros’ business units — particularly its theatrical distribution and promotion unit and its studio — were complementary to Netflix. The HBO Max streaming service also would benefit from insights learned years ago by streaming leader Netflix that would accelerate HBO’s growth, according to one person familiar with the situation. Netflix began flirting with the idea of acquiring the studio and streaming assets, another source familiar with the process told Reuters, after WBD announced plans in June to split into two publicly traded companies, separating its fading but cash-generating cable television networks from the legendary Warner Bros studios, HBO and the HBO Max streaming service.
Netflix and Warner Bros did not reply to requests for comment.
The work intensified this autumn, as Netflix began vying for the assets against Paramount and NBCUniversal’s parent company, Comcast.
Warner Bros kicked off the public auction in October, after Paramount submitted the first of three escalating offers for the media company in September. Sources familiar with the offer said Paramount aimed to pre-empt the planned separation because the split would undercut its ability to combine the traditional television networks businesses and increase the risk of being outbid for the studio by the likes of Netflix.
Around that time, banker JPMorgan Chase & Co. was advising Warner Bros Discovery CEO David Zaslav to consider reversing the order of the planned spin, shedding the Discovery Global unit comprising the company’s cable television assets first. This would give the company more flexibility, including the option to sell the studio, streaming and content assets, which advisers believed would draw strong interest, according to sources familiar with the matter.
Executives for the streaming service and its advisory team, which included the investment banks Moelis & Company, Wells Fargo and the law firm Skadden, Arps, Slate, Meagher & Flom, had been holding daily morning calls for the past two months, sources said. The group worked throughout Thanksgiving week — including multiple calls on Thanksgiving Day — to prepare a bid by the December 1 deadline.
Warner Bros’ board similarly convened every day for the last eight days leading up to the decision on Thursday, when Netflix presented the final offer that sources described as the only offer they considered binding and complete, sources familiar with the deliberations said.
The board favored Netflix’s deal, which would yield more immediate benefits over one by Comcast. The NBCUniversal parent proposed merging its entertainment division with Warner Bros Discovery, creating a much larger unit that would rival Walt Disney. But it would have taken years to execute, the sources said.
Comcast declined to comment.
Although Paramount raised its offer to $30 per share on Thursday for the entire company, for an equity value of $78 billion, according to sources familiar with the deal, the Warner Bros board had concerns about the financing, other sources said.
Paramount declined comment.
To reassure the seller over what is expected to be a significant regulatory review, Netflix put forward one of the largest breakup fees in M&A history of $5.8 billion, a sign of its belief it would win regulatory approval, the sources said. “No one lights $6 billion on fire without that conviction,” one of the sources said.
Until the moment late on Thursday night when Netflix learned its offer had been accepted — news that was greeted by clapping and cheering on a group call — one Netflix executive confided that they thought they had only a 50-50 chance.
