Paramount Skydance Confirms Investments by Middle Eastern Wealth Funds, Cites ‘Potential for Strategic and Commercial Opportunities’ With Them

David Ellison’s Paramount Skydance on Tuesday confirmed that it has brought on the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi as investors in connection with its Warner Bros. Discovery takeover bid. In an SEC filing, Paramount said that it “believes the successful Equity Syndication” agreement with the Middle Eastern funds — as […]