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David Ellison Mulls Tapping Elon Musk for Paramount Investment While Closing in on Warner Bros. Takeover: Report

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23 September
Latest23 Sept, 19:14
Paramount Eyes Elon Musk For Investment As WBD Deal Nears Finish Line – Report
Paramount executives have discussed seeking an equity investment from Elon Musk as they prepare to close the acquisition of Warner. Bros. Discovery, according to a Semafor report today. Larry Ellison had personally committed to backstop over $40 billion in equity financing for the mega-deal to get Warner to agree to sell itself to Paramount. A […]
Deadline•Jillg366
First seen23 Sept, 16:38
David Ellison Mulls Tapping Elon Musk for Paramount Investment While Closing in on Warner Bros. Takeover: Report
David Ellison, seeking fresh capital for a merged Paramount-Warner Bros., is considering reaching out to tech mogul Elon Musk — the world’s richest person — to “become part of a syndicate of equity investors into Paramount,” according to a report by Semafor. According to the report, citing anonymous sources, “Musk’s name is one of a […]
Variety•Todd Spangler