As of Dec. 9, 2025
Paramount is offering $107.4b with a combination of equity and debt
A bar chart showing the financial structure of Paramount WBD bid. Equity provided by the Ellison family, RedBird Capital Partners, Affinity Partners, and the sovereign wealth funds of Saudi Arabia, Abu Dhabi and Qatar consists of $40.7b. Debt financed by Apollo Global Management, Bank of America and Citigroup is $54.0b, and $12.7b of existing debt will roll over.