Paramount’s $110 Billion Warner Bros. Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns
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Paramount Skydance’s $110 billion bid for Warner Bros. Discovery is not just a Hollywood deal. Powered by $24 billion from sovereign wealth funds in Saudi Arabia, Qatar and Abu Dhabi, the proposed merger is sparking debate over soft power, influence and media independence at a company that includes CNN and HBO. Saudi Arabia’s Public Investment […]
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Mar 3, 2026 6:05am PT Paramount’s $110 Billion Warner Bros. Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns By Nick Vivarelli Plus Icon Nick Vivarelli International Correspondent @NickVivarelli Latest Paramount’s $110 Billion Warner Bros. Deal Backed by Arab Sovereign Funds Raises Soft Power Concerns 8 minutes ago Charlotte Rampling Joins Mark Ruffalo in Vatican Thriller ‘Santo Subito!’ as Filming Starts in Rome 1 hour ago Alberto Barbera to Remain Venice Film Festival Artistic Director Through 2028 4 hours ago See All Paramount Skydance’s $110 billion bid for Warner Bros. Discovery is not just a Hollywood deal. Powered by $24 billion from sovereign wealth funds in Saudi Arabia, Qatar and Abu Dhabi, the proposed merger is sparking debate over soft power, influence and media independence at a company that includes CNN and HBO. Saudi Arabia’s Public Investment Fund , Abu Dhabi’s L’imad Holding Company, and the Qatar Investment Authority are jointly putting up a total of $24 billion investment into the Hollywood mega merger — a power move that coincides with efforts to build local entertainment industries across the Middle East. Popular on Variety Related Stories 'Teenage Mutant Ninja Turtles' Franchise Expands at Paramount With 'Teeny Mutant Ninja Turtles' Digital Series, 'Last Ronin' Novel and Major Mattel Pact Ahead of New Movies
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