Paramount Skydance Secures $24bn Gulf Funding

Paramount Skydance secured about $24 billion in equity from three Gulf sovereign wealth funds to fund its $81 billion Warner Bros Discovery takeover.
Saudi Public Investment Fund will contribute roughly $10 billion, with Qatar Investment Authority and Abu Dhabi’s L’imad Holding covering the remaining commitments.
The Gulf investors will hold minority, non‑voting stakes; the deal, including HBO and CNN assets, faces European review, targeting a July close.
Paramount expects no U.S. national‑security or communications review, easing approval timeline for the acquisition.