Hollywood is feeling the lure of Saudi Arabian money (…)

Saudi money is also behind a portion of Paramount Skydance’s more than $60 billion bid this week for Warner Bros Discovery, according to Variety, which cites multiple sources, and Bloomberg, which cited people familiar with the discussions. A spokesperson for Paramount declined to comment.

Additionally, the kingdom is backing a $1 billion new independent content studio called Arena SNK launched in October by former Lionsgate executive Erik Feig, and a $55 billion deal for video game maker Electronic Arts announced in September. A representative for Feig declined to comment.

Executives from Sony traveled to Saudi Arabia this fall for meetings, a spokesperson confirmed. Comcast CEO Brian Roberts also traveled to the country this fall to attend a conference and view a potential theme park site in Qiddiya, a tourism megaproject in Riyadh province, according to a source with knowledge of Roberts’ trip who was not authorized to speak on the record about it. (Comcast owns NBCUniversal, which is the parent company of NBC News.)

The Red Sea Film Festival 2025 is going on right now (Dec 4-13). The glitterati are partying with Saudi royalty & following the money while blithely ignoring Saudi human rights abuses

    • velindora@lemmy.cafe
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      21 days ago

      Have they tried hiring actors that aren’t 50mil? Lots of people will work for less. Much less.

      • massive_bereavement@fedia.io
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        21 days ago

        Me thinks the problem is that very few people go to the movies unless there’s some kind of hook, e.g. their favorite actor or a known franchise.

        Direct to streaming movies seldom make Hollywood money.

      • widowdoll@ttrpg.network
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        20 days ago

        How fucking dare you try to get in the way of millionaires making millions?

        If we didn’t pay them that much, then we literally wouldn’t have movies or art.

      • Jessvj93@lemmy.world
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        20 days ago

        They are literally looking at follower numbers now instead of anything close to talent.

    • nymnympseudonym@piefed.socialOP
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      21 days ago

      Yes, but the remakes of the good movies rarely as good as the original and now we’re on like the 3rd and 4th reboot

  • Godric@lemmy.world
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    20 days ago

    For some reason I’m reminded of the new Top Gun’s absolute refusal to name their enemy. The studios’s pathetic cowardice took me right out of the movie.

    • Treczoks@lemmy.world
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      20 days ago

      You simply cannot call the country controlling your president as “enemy”.

    • mlg@lemmy.world
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      20 days ago

      I thought it was funny how it was some magical conglomerate of Iran and Russia, and how the plot literally included the exact nuclear refinery target that was bombed earlier this year.

      Ignoring all the insane air fight stupidity, the only thing I could think about during the whole movie was the WKUK Nerf Nuke spoof.

  • stoy@lemmy.zip
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    21 days ago

    Ok, so Hollywood will do what they did with China when trying to sell their movies there, Saudi’s will suddenly for some random reason be cool, popular and kind completely out of the blue.