Paramount Skydance weighs Musk as equity investor amid WBD debt sale
The Ankler’s Sean McNulty reports that Paramount Skydance has discussed approaching Elon Musk as part of a syndicate of new equity investors, citing Semafor, as Larry Ellison looks to offload PSKY equity beyond sovereign wealth funds and RedBird’s $250 million stake.
Why it matters. Bringing in outside equity, including a figure as polarizing as Musk, gives Ellison a way to shed exposure while keeping control of the combined Paramount-WBD entity.
Signal from The Ankler · Sean McNulty · read the original.
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