Breakdown of sovereign wealth in Hollywood from @maxxrosenblum
The creator deconstructs the recent Paramount bid for Warner Bros, arguing that the real story isn't the acquisition itself but the foreign sovereign wealth financing it. He traces the money to Saudi and Qatari funds, explaining the geopolitical implications of foreign control over American cultural infrastructure.
Creator: @maxxrosenblum on Instagram
Transcript
We need to talk about the hidden truth of Paramount's hostile bid. Today we learned that Paramount just detonated a $108,000,000,000 all cash hostile bid for Warner Bros days after Netflix secured its $83,000,000,000 carve out. It's an offer that bypasses the board. If Paramount buys 51% of outstanding shares, it effectively replaces the current CEO. But that's not actually the part I wanna focus on here because the headline here isn't the bid size or the hostile mechanics or even the regulatory
Topics: Business, Politics, Entertainment
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