LIVE| Kushner & Gulf Money: Inside Paramount’s Hostile Bid For Warner Bros | Firstpost America

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Paramount has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery, disrupting Netflix’s previously approved $72 billion deal. Central to the bid is Jared Kushner, whose private equity firm, Affinity Partners, is financing part of Paramount’s offer alongside Middle Eastern sovereign wealth funds. The Ellison family has committed to backstopping $40.7 billion in equity, making the deal financially strong. Paramount argues its bid offers higher cash value, faster regulatory approval, and stronger support for Hollywood and consumers. Warner Bros’ board continues to back Netflix, while concerns over foreign funding and political influence linger. The fight could drag on, leaving shareholders facing a complex choice.

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