--- title: "Tencent is said to be back on Paramount-Warner Bros deal with fresh funding" type: "News" locale: "en" url: "https://longbridge.com/en/news/278317009.md" description: "Tencent Holdings plans to invest several hundred million US dollars in Paramount Skydance’s acquisition of Warner Bros Discovery, acting as a passive financial investor. This follows a previous US$1 billion equity commitment that was withdrawn due to national security concerns. Paramount's acquisition, valued at US$110 billion, is backed by significant equity and debt commitments. Tencent, which already holds a minority stake in Paramount, may still opt out of the investment, and the deal's completion timeline remains uncertain." datetime: "2026-03-09T03:42:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278317009.md) - [en](https://longbridge.com/en/news/278317009.md) - [zh-HK](https://longbridge.com/zh-HK/news/278317009.md) generator: "portal-rs" --- # Tencent is said to be back on Paramount-Warner Bros deal with fresh funding \[HONG KONG\] Tencent Holdings intends to invest several hundred million US dollars in Paramount Skydance’s acquisition of Warner Bros Discovery, according to sources familiar with the situation. The Chinese company would be acting as a passive financial investor, the sources said, asking not to be identified because the matter is private. Paramount’s offer for Warner Bros in December included a US$1 billion equity commitment from Tencent, according to a filing at the time, but that was withdrawn after Warner Bros raised concerns that the Chinese company’s presence could lead to national security challenges with US regulators. After Paramount raised and amended its offer, Warner Bros agreed to sell to the David Ellison-led company in a deal worth US$110 billion. Tencent might still decide not to invest, the sources said, adding that it could take a while for the deal to be completed. Representatives for Tencent and Paramount declined to comment. Chinese ownership of US assets has been a cause for concern in Washington, resulting in a deal for social media site TikTok’s US operation this year. Supercell Oy, a Finnish video-game company owned by Tencent, said this month that it is cooperating with a US security probe of its Chinese parent’s data practices. Tencent already holds a minority nonvoting stake in Paramount. It also has co-financed films produced by Skydance, such as *Terminator: Dark Fate*, and helped with marketing and distribution of the studio’s blockbusters since its strategic investment in the then Skydance Media in 2018. Paramount’s acquisition of Warner Bros is funded by US$47 billion in equity backed by the Ellison family and RedBird Capital Partners. Other strategic financial partners may join at closing of the transaction, which is also backed by US$54 billion of debt commitments from Bank of America, Citigroup and Apollo Global Management. Existing Paramount shareholders may be able to participate in a rights offering of up to US$3.25 billion Class B stock alongside the new equity investment. BLOOMBERG ### Related Stocks - [PSKY.US](https://longbridge.com/en/quote/PSKY.US.md) - [WBD.US](https://longbridge.com/en/quote/WBD.US.md) - [SKYD.US](https://longbridge.com/en/quote/SKYD.US.md) - [TCEHY.US](https://longbridge.com/en/quote/TCEHY.US.md) - [00700.HK](https://longbridge.com/en/quote/00700.HK.md) - [TCTZF.US](https://longbridge.com/en/quote/TCTZF.US.md) ## Related News & Research - [Binance co-CEO Richard Teng says hackers used fake job interviews, AI tool to steal $6.3 billion in crypto 108511116](https://longbridge.com/en/news/304145542.md) - [BUZZ-Street View: Apple leans on hardware as margin pressures build](https://longbridge.com/en/news/304085467.md) - [Is SpaceX Stock Worth Buying While It's Below $140?](https://longbridge.com/en/news/304084857.md) - [IonQ Stock Earnings Preview: What to Expect After Its Record Second Quarter](https://longbridge.com/en/news/304113732.md) - [Marvell Technology President and COO Chris Koopmans Sells $1.87 Million in Common Shares](https://longbridge.com/en/news/304171156.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**