Episode 144: Paramount Eyes Musk as WBD Close Approaches
Paramount is reportedly courting Elon Musk as an equity investor in the combined Paramount–Warner Bros. Discovery company, according to Semafor, even as the mega-merger races toward a close expected in roughly two weeks. With a sovereign wealth syndicate led by Saudi Arabia already holding just under 50% of the equity, the ownership structure of the new media giant is shaping up as one of the most consequential — and scrutinized — in entertainment history. For agents, showrunners, executives, and anyone in business with either company, understanding who controls the combined entity is now an…
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