Know What's Happening in Television

Hollywood Money Gushed From the Gulf. Then Came War

Hollywood’s recent influx of Gulf sovereign wealth has underpinned mega‑deals such as Saudi‑backed EA’s $55 billion acquisition and Paramount‑Skydance’s $111 billion bid. The ongoing Israel‑Iran conflict has forced production shutdowns across the Gulf, prompting studios to relocate projects and reassess risk. With oil revenues softening, investors are questioning whether the massive pledges will survive a shift toward defense spending. The war is reshaping MENA’s media strategy, pushing the industry toward smaller, more pragmatic partnerships.