Paramount reportedly weighs asking Elon Musk to invest ahead of Warner Bros. takeover
Variety, citing Semafor, says CEO David Ellison is considering Musk among a number of wealthy potential investors as he seeks fresh capital for a merged Paramount–Warner Bros.
TLDR
Variety, citing a Semafor report based on anonymous sources, says Paramount CEO David Ellison is considering reaching out to Elon Musk to join a group of equity investors as the company moves toward its Warner Bros. takeover. Semafor says a cash injection from Musk could reduce investor Larry Ellison’s financial burden and bolster the deal’s investor base.
Paramount reportedly weighs asking Elon Musk to invest ahead of Warner Bros. takeover
Variety, citing Semafor, says CEO David Ellison is considering Musk among a number of wealthy potential investors as he seeks fresh capital for a merged Paramount–Warner Bros.