Paramount Weighs Elon Musk as Investor in Warner Bros. Discovery Takeover

Paramount is reportedly discussing bringing Elon Musk into a syndicate of equity investors as it absorbs Warner Bros. Discovery, per Semafor. The company settled antitrust claims with 12 state attorneys general; after the merger CNN and CBS News would share one owner, with Middle East sovereign funds holding 49.5%.

• Paramount discussed asking Musk to join a syndicate of equity investors, terms unknown
• Paramount settled antitrust claims with 12 state attorneys general
• Saudi, Qatari and Abu Dhabi funds would own 49.5% of the merged company
• CNN and CBS News would fall under the same owner after the deal