# Sovereign wealth funds controlled by Saudi Arabia, Qatar and Abu Dhabi are willing to bet on an American media company.

*business · news · 2026-04-06 · The Hollywood Reporter*

## Key points

- Saudi, Qatari, and Abu Dhabi funds are providing $24 billion in equity for a Paramount-led takeover.
- Saudi Arabia’s Public Investment Fund alone is contributing $10 billion to the $111 billion deal.
- Foreign investors in this deal will not receive governance or board seats at Warner Bros. Discovery.
- Democratic lawmakers are urging FCC or CFIUS review due to national security concerns over these investments.
- Tencent and Affinity Partners were previously involved but are not participating in the current deal.

**Companies:** Paramount, Warner Bros. Discovery, Oracle, RedBird Capital Partners, Tencent
**Countries:** Saudi Arabia, Qatar, United States, China

[Read the full story on The Hollywood Reporter](https://www.hollywoodreporter.com/business/business-news/middle-east-wealth-funds-back-paramount-warner-bros-deal-1236556430/)

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