FCC, Paramount
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The Federal Communications Commission yesterday approved Paramount Skydance’s plan to sell large equity stakes to the sovereign wealth funds of Saudi Arabia, the United Arab Emirates, and Qatar. Under US law,
David Ellison, seeking fresh capital for a merged Paramount-Warner Bros., is considering reaching out to Elon Musk — the controversial tech mogul who is the world’s richest person — to “become part of a syndicate of equity investors into Paramount,
Paramount is in early talks to invite Elon Musk into its equity investment syndicate as it seeks to diversify funding for its $110B Warner Bros.
David Ellison, chairman and chief executive officer of Paramount Skydance Corp., speaks on stage during the Future Investment Initiative Priority Summit conference in Miami last month. (Zak Bennett / Bloomberg via Getty Images) Paramount Skydance has asked ...
The agency approved a request for foreign investors to indirectly hold a stake in excess of 25% in the aggregate