studio sale
Paramount squeezes out Netflix with Gulf-backed bid for Warner
Paramount Skydance's pursuit of Warner was supported by the Qatar Investment Authority, the Saudi Public Investment Fund and UAE's L'imad
Anna Moneymaker/Getty Images
David Ellison, Chairman and CEO of Paramount Skydance at U.S. President Donald Trump's State of the Union address this week
Add The Circuit on GoogleA $111 billion Gulf-backed bid for Hollywood studio Warner Bros. Discovery appears to have prevailed after streaming giant Netflix dropped out of the fight.
Warner Bros. CEO David Zaslav said the $31-a-share offer from David Ellison’s Paramount...
