Article in Status by Brian Lowry, 12/12/25
Headline: “Hollywood’s Saudi Serenade”
Subhead: “With its backing of Paramount’s WBD bid and Vision 2030 plan, Saudi Arabia wants to establish a major foothold in media. But in Hollywood, buyer and seller should beware.”
“On Tuesday, a downpour temporarily shut down Saudi Arabia’s Red Sea Film Festival in Jeddah, as famous Hollywood faces huddled in the coastal city. That felt like an apt metaphor for a week that saw David Ellison-led Paramount launch a hostile bid for Warner Bros. Discovery with assistance from ‘petrostate’ money, reflecting the Saudi focus on media and the unpredictable risks that come with it. . .”
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