Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Post'. AP
Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Post'. AP
Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Post'. AP
Johnny Depp says he plans to appeal the UK libel ruling. He is also pursuing a $50 million defamation lawsuit in the US against his ex-wife Amber Heard, for an article she wrote for 'The Washington Po

What's next for Johnny Depp? How the Hollywood star might try to rebuild his career after libel loss


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Days after his defeat in the UK courts over a libel suit he brought against British tabloid The Sun, Johnny Depp declared he was stepping back from Fantastic Beasts 3.

"I wish to let you know that I have been asked to resign by Warner Bros from my role as Grindelwald in Fantastic Beasts and I have respected and agreed to that request," the actor posted on Instagram.

As far as celebrity admissions go, it's a unicorn – in that it is rare for a star to openly admit to having been asked to leave. The phrase "mutually and amicably agreed to part ways" has long been the go-to statement when it comes to public-relations image mitigation in Hollywood.

However, in an age of social media, when industry leaks are part and parcel of the communications landscape, if Depp had opted for the tried-and-tested "mutual agreement" formula, how long would it have been until the truth – that he was pushed, rather than jumped – came out?

In the conclusion of the case Depp, 57, brought against The Sun, which had branded him a "wife beater" in a 2018 article, judge Andrew Nicol wrote: "The defendants have shown that what they published in the meaning which I have held the words to bear was substantially true".

Substantially true, meaning that Depp has been declared a "wife beater".

And, in a Hollywood still reeling from the allegations against Harvey Weinstein and the impact of the #MeToo movement, major studios are no longer prepared to alienate millions of customers for the sake of one actor.

So, Warner Bros did what any studio would do, and parted ways with the man who was once among the most bankable stars in the world. After all, they have their brand to think of. And with 97 years in the business and a $14 billion turnover to protect, Depp was not a hill Warner Bros was prepared to die on.

Depp, for his part, called the judgment “surreal” and said he "plans to appeal".

“For anyone to come out and say ‘I was fired’ is really diminishing,” notes Johanna Richmond, psychological therapist at CBT Dubai.

“This has never happened to Depp before, and I am sure the response had to be worded this way because the studio released a statement saying they had parted ways with him. It would have been a real blow to his idealised self which is why I am sure he will want to continue with his legal suits.

I had not only lost $650 million, but I was $100 million in the hole because (my previous business managers) had not paid the government my taxes for 17 years

“Losing the court case was losing his own self-perception, his ideal self being the famous, much-loved movie star. His self-esteem is based on his work, his identity is so interrelated with his movie star persona, that he cannot accept he was ever violent or aggressive, losing the love of fans and media.”

A question of reputation

“When in the midst of a PR crisis, the first step would be to formulate a strategy, brief your team and ensure everyone is on the same page,” says Momina Chaudhry, communications manager at Spread Communications, a Dubai agency that specialises in reputation management. “The next steps would be to draft your holding statements, be clear on messaging and also finalise the channel of communication. After which, all affected parties must be identified and managed accordingly.

“Moving forward, ensure the impact the crisis has had is fully understood by the client, continue monitoring the situation and react as needed.”

In Depp's case, moving forward means shifting his focus to a $50 million defamation case he brought against his ex-wife, actress Amber Heard, over a piece she wrote for The Washington Post in December 2018. The trial is slated to take place in May 2021.

Amber Heard speaks outside the Royal Courts of Justice in London after her ex-husband, Johnny Depp, lost his libel case in which she had been a key witness. Getty Images
Amber Heard speaks outside the Royal Courts of Justice in London after her ex-husband, Johnny Depp, lost his libel case in which she had been a key witness. Getty Images

“Two years ago, I became a public figure representing domestic abuse, and I felt the full force of our culture’s wrath for women who speak out,” wrote Heard, who does not mention Depp anywhere in the piece. “I write this as a woman who had to change my phone number weekly because I was getting death threats.”

Notably silent about her leading man this time around is Fantastic Beasts and Harry Potter author, J K Rowling.

Back in 2016, Heard, 34, said in a sworn declaration: “During the entirety of our relationship, Johnny Depp has been verbally and physically abusive to me.”

Her declaration caused an outcry amid demands that Depp should not be permitted to reprise his role of Grindelwald in 2018's Fantastic Beasts: The Crimes of Grindelwald, leading Rowling to say in a statement: "Based on our understanding of the circumstances, the filmmakers and I are not only comfortable sticking with our original casting, but genuinely happy to have Johnny playing a major character in the movies."

However, fast-forward four years and Rowling has thus far stayed silent.

Business as usual, or pause for thought?

Johnny Depp has stepped down from his role as Gellert Grindelwald in 'Fantastic Beasts 3', but still received his rumoured $10 million pay cheque. Courtesy Warner Bros Pictures
Johnny Depp has stepped down from his role as Gellert Grindelwald in 'Fantastic Beasts 3', but still received his rumoured $10 million pay cheque. Courtesy Warner Bros Pictures

While Danish actor Mads Mikkelsen is said to be in talks to take over the role of Grindelwald, Depp is rumoured to have received his full salary for the film, some $10m.

And it is money he will need in order to maintain his famously lavish lifestyle, details of which emerged during the trial.

"It was put to me this way, because I had no idea about money," he told his barrister in court. "Since Pirates [of the Caribbean] 2 and 3 ... apparently I had made $650 million, and when I sacked [my business managers], for the right reasons, I had not only lost $650m, but I was $100m in the hole because they had not paid the government my taxes for 17 years."

While Depp blamed The Management Company for his financial woes, the company hit back, citing his purchase of an $18m 150-foot luxury yacht, his $300,000 monthly staffing bill and, of course, that private island in the Bahamas as evidence of his own financial mismanagement.

Those expenses, along with myriad others, combined to the tune of $2m a month that Depp has to find to keep himself in the lifestyle to which he has become accustomed. All of which means that stepping out of the spotlight for a while in order to recalibrate is probably not an option.

“After a PR crisis, in the case of an individual, the best practice would be to act in an empathetic, respectful and, most importantly, responsible manner, moving forward,” suggests Chaudhry.

“The best way to repair reputation is to accept and acknowledge the problem. The PR team must continue monitoring the situation, address each issue individually (whether a news article or media request) and provide the accurate reactive holding statement.

“Being transparent with your fans and followers, while putting in the hard work and staying 100 per cent committed to work projects, is the only way to gain back trust in public.”

His career aside, Depp will certainly have other reasons that preclude him from stepping back. Namely, fame.

“Fame affects how one would think about themselves rather than who they really are, their true identity can be lost in the wave of adulation and accolades,” says Richmond. “There seems a real discrepancy between Depp’s actual self and ideal self."

Johnny Depp's role of Captain Jack Sparrow won him a legion of fans, who have been protesting his resignation on social media. Courtesy Disney
Johnny Depp's role of Captain Jack Sparrow won him a legion of fans, who have been protesting his resignation on social media. Courtesy Disney

The actor is now 36 years deep into his career which began with 1984's A Nightmare on Elm Street. A teen heart-throb who evolved into a respected actor, for years he successfully walked the line between bohemian bad boy in the mould of his muse, The Rolling Stones'  Keith Richards, an elder statesman to Hollywood, whose inspired portrayal of Captain Jack Sparrow helped the Pirates franchise rake in more than $4.5 billion at the box office.

And, although his exit from Fantastic Beasts 3 leaves only one project remaining in development for him as an actor, according to his IMDb page, he has no fewer than 23 titles coming up in the role of producer.

A career-rehabilitating role behind the camera, therefore, might be his way back into Hollywood’s good graces.

After all, there’s nothing Tinseltown loves more than a second act redemption arc. As Depp’s idol, Marlon Brando, famously pointed out: “Most of the successful people in Hollywood are failures as human beings.”

Section 375

Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat

Director: Ajay Bahl

Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL

Rating: 3.5/5

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

Kandahar%20
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TECH%20SPECS%3A%20APPLE%20WATCH%20SERIES%208
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2041mm%2C%20352%20x%20430%3B%2045mm%2C%20396%20x%20484%3B%20Retina%20LTPO%20OLED%2C%20up%20to%201000%20nits%2C%20always-on%3B%20Ion-X%20glass%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20S8%2C%20W3%20wireless%2C%20U1%20ultra-wideband%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%2032GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%201GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20watchOS%209%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EHealth%20metrics%3A%3C%2Fstrong%3E%203rd-gen%20heart%20rate%20sensor%2C%20temperature%20sensing%2C%20ECG%2C%20blood%20oxygen%2C%20workouts%2C%20fall%2Fcrash%20detection%3B%20emergency%20SOS%2C%20international%20emergency%20calling%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20GPS%2FGPS%20%2B%20cellular%3B%20Wi-Fi%2C%20LTE%2C%20Bluetooth%205.3%2C%20NFC%20(Apple%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP6X%2C%20water%20resistant%20up%20to%2050m%2C%20dust%20resistant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%20308mAh%20Li-ion%2C%20up%20to%2018h%2C%20wireless%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20eSIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFinishes%3A%3C%2Fstrong%3E%20Aluminium%20%E2%80%93%20midnight%2C%20Product%20Red%2C%20silver%2C%20starlight%3B%20stainless%20steel%20%E2%80%93%20gold%2C%20graphite%2C%20silver%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Watch%20Series%208%2C%20magnetic-to-USB-C%20charging%20cable%2C%20band%2Floop%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20Starts%20at%20Dh1%2C599%20(41mm)%20%2F%20Dh1%2C999%20(45mm)%3C%2Fp%3E%0A
England World Cup squad

Eoin Morgan (capt), Moeen Ali, Jofra Archer, Jonny Bairstow, Jos Buttler (wkt), Tom Curran, Liam Dawson, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, James Vince, Chris Woakes, Mark Wood

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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.”

Types of bank fraud

1) Phishing

Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.

2) Smishing

The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.

3) Vishing

The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.

4) SIM swap

Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.

5) Identity theft

Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.

6) Prize scams

Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.

AS%20WE%20EXIST
%3Cp%3EAuthor%3A%20Kaoutar%20Harchi%C2%A0%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20Other%20Press%3C%2Fp%3E%0A%3Cp%3EPages%3A%20176%3C%2Fp%3E%0A%3Cp%3EAvailable%3A%20Now%3C%2Fp%3E%0A
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The biog

Hometown: Cairo

Age: 37

Favourite TV series: The Handmaid’s Tale, Black Mirror

Favourite anime series: Death Note, One Piece and Hellsing

Favourite book: Designing Brand Identity, Fifth Edition