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  "path": "/2026/film/global/saudi-arabia-hollywood-dreams-warner-bros-paramount-merger-1236737990/",
  "publishedAt": "2026-05-13T07:58:39.000Z",
  "site": "https://variety.com",
  "tags": [
    "Global",
    "News",
    "Cannes Film Festival",
    "Saudi Arabia"
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  "textContent": "In 2018, Saudi Arabia removed its religious ban on cinema and revealed its intentions to transform itself from an oil-based economy into an entertainment powerhouse. The goal was to use the country’s wealth to not only invest in media companies, but to lure studios to the kingdom through a combination of tax incentives and state-of-the […]",
  "title": "Saudi Arabia’s Shattered Hollywood Dreams: Will the Warner Bros. and Paramount Merger and a Shift in Strategy Help the Kingdom Rebound?"
}