The sealed deal is backed by cloud giant Oracle, private equity powerhouse Silver Lake, and Abu Dhabi-based AI investment firm MGX.
Largely due to heavy tariffs.
Asserts WBD remains committed to its Netflix merger megadeal.
Giving OpenAI’s Sora access to over 200 of its iconic Disney characters.
Expected to raise $30 billion USD next year, potentially valuing the aerospace company at $1.5 trillion USD.
Paramount’s deal is underpinned by a $24 billion USD funding that sees contributions from audi Arabia, Qatar and Abu Dhabi as well as Jared Kushner’s Affinity Partners.
WBD has agreed to sell its studio and HBO Max streaming business to Netflix.
PUMA is currently majority-owned by France’s billionaire Pinault family.
Disbanded eight months before it was originally expected to end.
Expected to focus on AI development in engineering, computer manufacturing as well as for spacecrafts and automobiles.
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