Kushner, Warner Bros. and Paramount
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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.
By making a show of his indecision, the president is inviting a battle for his support. This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.
Members of the U.S. Congress have raised national security concerns after media outlets reported that Paramount Skydance's bid (PSKY) for Warner Bros. Discovery (WBD) is expected to be backed by Arab sovereign funds.
Paramount's hostile takeover bid for Warner Bros. Discovery includes funds from Middle Eastern investors, Jared Kushner and China.
In Republican circles, it’s become fashionable to root against Netflix. Rival Paramount is run by Trump-ally David Ellison and its bid backed by Jared Kushner
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.
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.
Axios on MSN
Jared Kushner's private equity web
Jared Kushner, President Trump's son-in-law, is putting his private equity ammo behind Paramount's hostile takeover bid for Warner Bros Discovery — in what could be the second major takeover he's been involved in this year.