Ivan Reitman, Ghostbusters director, has passed away aged 75
February 14, 2022, 9:01 am

Ivan Reitman, Ghostbusters director, has passed away aged 75

Ivan Reitman with Arnold schwarzenegger/Facebook page

The BBC reported, the filmmaker Ivan Reitman, who directed blockbuster comedies including the original Ghostbusters, has died aged 75.

According to his family, he died peacefully in his sleep at his home in California.

His children said in a statement: "Our family is grieving the unexpected loss of a husband, father and grandfather who taught us to always seek the magic in life."

"We take comfort that his work as a film-maker brought laughter and happiness to countless others around the world."

Born in Komarno, in what is now Slovakia, in 1946, Reitman's mother had survived the Auschwitz concentration camp and his father was the owner of the country's biggest vinegar factory.

After his family fled Communist oppression in post-war Czechoslovakia, Reitman grew up in Toronto, Canada, where he trained in filmmaking.

Dan Aykroyd, Rick Moranis and Ivan Reitman on the set of Ghostbusters/Facebook page

Reitman went to McMaster University in Hamilton, where he made short films and encountered the likes of future Ghostbusters' star Rick Moranis.

After producing two of director David Cronenberg's early horror films, his work on National Lampoon's Animal House launched a career that would see him create some of the biggest comedies of the 80s and 90s.

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His big break came when he produced the 1978 frat-house comedy National Lampoon's Animal House.

He directed Bill Murray in his first starring role in the 1979 firm Meatballs.

He also made Arnold Schwarzenegger a comedy star with Twins (1988). They worked together again on Kindergarten Cop (1990) and Junior (1994).

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But Reitman's was best known for 1984's Ghostbusters. The supernatural comedy hit grossed over $200m (£147m) worldwide and earned two Oscar nominations.

It also spawned a franchise that included a 1989 sequel and two new instalments. Reitman produced last year's Ghostbusters: Afterlife, which was directed by his son Jason.

On the continuing appeal of the film, he told AP: "I always had a sort of sincere approach to the comedy. I took it seriously even though, it was a horror movie and a comedy, I felt you had to sort of deal with it in a kind of realistic and honest way."

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Film industry figures have paid tribute to Reitman's achievements.

Paul Feig, who directed the 2016 Ghostbusters reboot said "all of us in comedy owe him so very much".

Source: BBC

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).

Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.