Paramount, Warner and Kushner
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Paramount's last and best offer for Warner Bros. Discovery, one that it took hostile today, includes funding from the Public Investment Fund (Kingdom of Saudi Arabia), L'imad Holding Company PJSC (Abu Dhabi)w,
By Jody Godoy 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,
Paramount's all-cash bid for Warner Bros. Discovery includes $24 billion from three Middle Eastern sovereign wealth funds. That number was buried in a SEC filing the company released on Monday. In total,
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.
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Congressional Democrats say Paramount's bid for Warner raises 'serious national security concerns'
Royal families from Saudi Arabia, Qatar and Abu Dhabi would contribute $24 billion to the Larry Ellison bid
Donald Trump danced around naming a favorite company in the ongoing battle for Warner Bros. Discovery on Monday, hours after Paramount made a hostile takeover bid to conquer Netflix's current deal. The president avoided picking a side in Hollywood's latest M&A war while speaking with reporters at The White House,
President Trump on Monday demurred when asked about an ongoing war between Netflix and Paramount for moviemaker Warner Bros. and said he has not spoken with his son-in-law Jared Kushner about his reported role in helping Paramount win the company’s board over.
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.