Saudi Arabia, Abu Dhabi, and Qatar have pledged $24 billion to back Paramount's $18 billion hostile bid for Warner Brothers Discovery. It is an unusual alliance among the Gulf rivals who together will cover nearly 60% of the 41 billion in equity in the deal. The Gulf has already been pouring billions into sports, entertainment, and tourism.And if this latest play is successful, it could reshape the global media landscape and cement the Gulf as a powerhouse in Hollywood itself. The Gulf sovereign funds are n ...