# Paramount Skydance shares were up 9.75% at $10.82 at the time of publication on Tuesday.

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

## Key points

- Paramount is set to receive $24 billion in funding from multiple sovereign-wealth funds.
- Qatar Investment Authority and Abu Dhabi's L'imad Holding Co are involved in the financing deal.
- Paramount announced plans to buy Warner Bros. Discovery after Netflix declined to increase its bid.
- The Paramount-Warner Bros. Discovery deal could close as soon as the end of July.

**Companies:** Paramount
**Countries:** Qatar, United Arab Emirates

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/movers/26/04/51686182/whats-behind-the-rise-in-paramount-skydance-stock)

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