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.
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