Paramount Securing Gulf Funds For WBD Deal

David Ellison’s Paramount Skydance is reportedly nearing a deal to secure nearly $24 billion in funding commitments from three Middle Eastern sovereign wealth funds to back the company’s takeover of Warner Bros. Discovery. According to The Wall Street Journal and Variety, Saudi Arabia’s Public Investment Fund (PIF) agreed to provide around $10 billion to Paramount. […] The post Paramount Securing Gulf Funds For WBD Deal appeared first on Dark Horizons.