Kushner, Paramount and Warner Bros.
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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,
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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Dems rip Paramount Skydance’s hostile WBD bid over Saudi- and Kushner-linked funding: report
Democratic lawmakers are warning they’ll move to unwind any Paramount Skydance takeover of Warner Bros. Discovery, blasting the hostile bid’s backing from Saudi, Qatari and UAE sovereign wealth funds — and Jared Kushner’s private equity firm — as a national security threat.
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,
Jared Kushner’s private-equity firm, Affinity Partners, is part of a new $108.4 billion attempt by Oracle heir David Ellison, who just acquired CBS, to buy Warner Bros Discovery, a company that owns Hollywood studios, CNN, HBO, HGTV, and a vast movie and TV back catalog, 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.
And of son-in-law Jared Kushner's role in Paramount's bid, the president says he's "never spoken with him about it."
President Donald Trump wants to see changes at his least favorite news network, and a Hollywood megadeal could make those wishes come true, according to a new report. Trump, 79, has told people in his circle that he wants to see new ownership and changes to programming at CNN,