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Variety Again Claims Paramount WBD Bid Backed by Saudi, Middle Eastern Funding After Previous Denial

Variety Again Claims Paramount WBD Bid Backed by Saudi, Middle Eastern Funding After Previous Denial

Variety has published yet another report asserting that Paramount Skydance’s latest all-cash bid for Warner Bros. Discovery is backed by Middle Eastern sovereign wealth funds, including Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority, and Abu Dhabi’s ADIA. The timing is striking—not only because the Warner Bros. bidding war is heating up, but because Paramount already blasted this exact story last month.