# David Ellison’s Paramount Skydance on Tuesday confirmed that it has brought on the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi as investors in connection.

*business · news · 2026-04-07 · Variety*

## Key points

- Saudi Arabia, Qatar, and Abu Dhabi sovereign wealth funds are investing nearly $24 billion in Paramount Skydance.
- Saudi Arabia’s Public Investment Fund is taking a roughly $10 billion stake in the deal.
- The shares issued to these Middle Eastern investors are non-voting and comply with U.S. regulatory requirements.
- If the merger is not closed by September 30, 2026, Paramount will pay WBD shareholders a quarterly ticking fee.

**Companies:** Warner Bros. Discovery, Paramount Skydance, LionTree
**Countries:** Saudi Arabia, Qatar, United Arab Emirates

[Read the full story on Variety](https://variety.com/2026/film/news/paramount-skydance-middle-eastern-wealth-funds-strategic-commercial-opportunities-1236710300/)

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