Investor Group Backing Bronfman’s Paramount Bid Includes Crypto Magnate Brock Pierce, Kazakh Heir | Exclusive

Kazakh investor Nurali Aliyev joins Fortress and producer Steven Paul in the last minute $4.3 billion bid

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Brock Pierce at the North American Bitcoin Conference in 2022 (Getty Images)

Cryptocurrency mogul Brock Pierce, Kazakh investor Nurali Aliyev and Hollywood producer Steven Paul are part of the investor group behind Edgar Bronfman Jr.’s last-minute bid to stop the planned merger of Skydance Media and Paramount Global, TheWrap has learned.

According to the signed bid submitted to Paramount’s Special Committee on Monday night and obtained by TheWrap, those investors are in a group of 19 financial backers for the parent company of the legendary Hollywood studio.

In addition to Bronfman himself, the group also includes Fortress Investments, the private equity group funded by Japan’s Softbank and India’s Mubadala.

Pierce is a controversial figure who has been at the forefront of the cryptocurrency and blockchain movement, co-founding the venture capital firm Blockchain Capital in 2013.

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