Paramount Skydance eyes $24B Gulf backing for WBD deal: Reports
Paramount Skydance is reportedly in talks with three Gulf sovereign wealth funds, led by Saudi Arabia’s PIF
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Published: Apr 6, 2026 11:07 AM | 1 min read
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Paramount Skydance is reportedly in talks to secure nearly $24 billion in equity commitments from three Gulf sovereign wealth funds, led by Saudi Arabia’s Public Investment Fund (PIF), to support its $110 billion acquisition of Warner Bros Discovery (WBD), reports WSJ.
The report further states that the PIF would contribute about $10 billion, while Qatar Investment Authority and Abu Dhabi’s L’imad Holding are also expected to participate. The Gulf investors will not hold voting rights in the merged entity.
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Paramount executives do not expect the involvement of these funds to prompt regulatory scrutiny from U.S. bodies like the Committee on Foreign Investment or the Federal Communications Commission.
The deal, announced in February, values WBD’s equity at around $81 billion and is expected to close in the third quarter of 2026.
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