Tencent would participate as a passive financial investor if it proceeds with the investment. The company previously committed $1bn to the deal but withdrew after Warner Bros. raised concerns that Chinese participation could create regulatory challenges in the US. Tencent already holds a minority non-voting stake in Paramount and has collaborated with Skydance on several productions. The Chinese technology group has also supported distribution and marketing for Skydance films since making a strategic investment in the studio in 2018. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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