Arab investors to provide $24 billion to Trump allies for Hollywood control
Saudi Arabia’s PIF, Qatar’s QIA, and Abu Dhabi’s L'imad Holding are prepared to invest up to $24 billion to support Paramount Skydance’s acquisition of Warner Bros. Discovery, thereby strengthening control over American cinema and television.
Paramount Skydance is owned by David Ellison, son of billionaire Larry Ellison. David personally leads negotiations with Warner Bros., shapes content strategy, and signs major deals. Larry Ellison, one of the richest people globally and a longtime ally of Donald Trump, has already invested billions in acquiring Paramount.
Investment from sovereign wealth funds of Abu Dhabi, Qatar, and Saudi Arabia enables control over Hollywood through the Ellison family. While these funds provide capital, they do not directly interfere in management, leaving full authority in the hands of the Ellison family and their circle, who maintain close ties with Trump and his team, including Jared Kushner.
If the deal closes successfully, the Ellison's business will control major media assets including Warner Bros., CNN, HBO, and other influential platforms.
This investment could reshape the US media landscape by consolidating influence of Trump allies in mass media and making them controllers of key information resources in the country. Going forward, changes in content policy and leadership of major media companies in America can be expected.