He first appeared in a comic book 85 years ago this month and Batman has since gone on to become one of the most popular superheroes of all time.
Introduced to the world in Detective Comics No 27 on March 30, 1939, the caped crusader has since been adapted for the small screen and for a blockbuster films franchise.
Michael Uslan, who acquired the film rights in 1979 and made the character a cultural icon, has produced all subsequent film adaptations, from Batman in 1989 to Oscar-winning Joker in 2019, as well numerous animated spin-offs.
Joined by son and producer-collaborator David Uslan at Culture Summit Abu Dhabi, Ulsan broke down some of the key elements of Batman’s screen success.
1. Comic set the dark blueprint
A devoted fan of the Batman comic, Uslan was horrified by the comedic tone of the Batman series when it was launched on the small screen in 1966. He was 15 at the time.
"As a fan I couldn't wait for the show to appear and on the night it came on it hit me that this was a comedy show and the whole world was laughing at Batman. That just killed me," he said.
"So I made a little vow that night that, somehow, someday, I would show the world who the original Batman was when he was created in 1939 as a dark knight battling deeply disturbed villains."
After making national headlines for being the first instructor to teach an accredited course on comic book folklore at a US university, Uslan began writing Batman comics in 1971 and soon landed the film rights for the brand.
“I had my foot in the door with the publisher of Batman, and as they came to know me and realised my passion and knowledge base for this character, they had a sense of common security when I eventually came to them and said I want to make dark and serious Batman movies to show the world the true Batman," he said.
While the first eponymous Batman film arrived in theatres in 1989, with Michael Keaton playing the superhero and Jack Nicholson as arch enemy, the Joker, the film was renowned for its dark wit. Uslan, however, insists the film was the first true representation of the comic's universe.
"It was as dark a Batman as the world had ever seen,” he said. “At that time comic books were very black and white: it was good versus evil, with the Joker as the clown prince of crime.”
2. He has an arresting origin story
With many western comic books taking inspiration from Greek mythology, Uslan believes Batman's success is partly down to his arresting origin story.
"As a young boy he saw his parents murdered before his eyes and at that moment he made a commitment and vow that he's going to get all the bad guys," Uslan said.
"Now, that's a story so primal that it transcends not only borders but cultures."
3. He is matched by great supervillains
The appeal of Batman films also stems from the villains he faced over the decades, ranging from the Joker to The Riddler and The Penguin.
"The secret of successful superheroes is their supervillains, because they define the superheroes," Uslan said. "Batman has the greatest rogue gallery of supervillains in history, and arguably the greatest supervillain ever in the form of the Joker."
4. There is a Batman for every territory
Batman's global reach is also down to international versions of the character.
The next global spin-off arrives this year with a Spanish language animated film catered to the South and Latin American market.
The plot of Aztec Batman: Clash of Empires will reportedly provide a new take of Spain's conquest of the Aztec Empire in the 16th century.
This comes on the back of the 2018 Japanese animated film Batman Ninja, which has the superhero sent back in a time machine to feudal Japan where he battles the Joker and his samurai goons.
"The success of that film has spawned an entire new localised franchise of Batman in Japan. Batman Ninja was a very hardcore manga-anime adaptation but it worked wonderfully," David Uslan said. He predicts a the time will come for an Arabic version of Batman.
He added: “I bet you before we know it there is going be a number of great brands around the world that are going to be doing whatever they can to have an impact here in the Mena region and especially in the UAE.”
Know your Camel lingo
The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home
Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless
Asayel camels - sleek, short-haired hound-like racers
Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s
Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival
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The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
All the Money in the World
Director: Ridley Scott
Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer
Four stars
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
BULKWHIZ PROFILE
Date started: February 2017
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French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
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