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Sources: Paramount's Gulf sovereign funding, accounting for ~30% of the deal's value, and potential political scrutiny led WBD to reject Paramount's initial bid (Rohan Goswami/Semafor)

Mediagazer · last updated

Rohan Goswami / Semafor:
Sources: Paramount’s Gulf sovereign funding, accounting for ~30% of the deal’s value, and potential political scrutiny led WBD to reject Paramount’s initial bid  —  Paramount’s reliance on Gulf sovereign money was a major reason why the company’s bid for Warner Bros. Discovery failed to win …

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