Paramount Skydance secured approximately $24 billion in equity commitments. Three sovereign-wealth funds provided the capital. Saudi Arabia’s Public Investment Fund led the group with a $10 billion contribution.
The funding supports the proposed takeover of Warner Bros. Discovery. This transaction carries an enterprise value of $110 billion.
The Wall Street Journal first reported the development on April 5, 2026. The involvement of prominent Gulf funds underscores investor confidence in the media merger.