Kushner, Paramount and Warner Bros.
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Paramount’s hostile bid for Warner Bros. Discovery includes public investment funds of Saudi Arabia, Abu Dhabi and Qatar and Jared Kushner's Affinity Partners.
WASHINGTON, Dec 8 (Reuters) - Jared Kushner's financing role in Paramount's $108 billion bid for Warner Bros Discovery injects Trump-family interests into one of the biggest media battles in years, raising concerns over whether the president's influence could tip the scales.
Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.
Paramount's hostile takeover bid for Warner Bros. Discovery includes funds from Middle Eastern investors, Jared Kushner and China.
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Dems rip Paramount Skydance’s hostile WBD bid over Saudi- and Kushner-linked funding: report
Reps. Sam Liccardo (D-Calif.) and Ayanna Pressley (D-Mass.) sent letter to board of WBD as well as to Treasury Secretary Scott Bessent on Wednesday.
The potential future for CNN appears to have grown even more dire for the left-leaning staffers with the president’s son-in-law now involved
And of son-in-law Jared Kushner's role in Paramount's bid, the president says he's "never spoken with him about it."
Jared Kushner’s private-equity firm, Affinity Partners, is part of the Hail Mary after Netflix agreed to pay $82.7 billion for the media and entertainment conglomerate, beating out Paramount and Comcast after a monthslong bidding war, Axios first reported.