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Story summary
- The Public Investment Fund bought Electronic Arts for $55 billion and took a 15.1% stake worth $10 billion in the Paramount-Skydance Warner Bros. Discovery deal.
- Rasha AlEmam says the deal will make U.S. studios more willing to film in Saudi Arabia.
- Saudi productions— the thriller “7 Dogs,” which raised its budget to $70 million and holds a Guinness explosion record, and titles “Mandoob” and “Alzarfa: Escape from Hanhounia Hell”—have outperformed Hollywood releases and drawn festival interest.
