{"id":2522046,"date":"2025-12-17T08:47:02","date_gmt":"2025-12-17T13:47:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kushner-pulls-firms-financing-of-paramounts-hostile-bid-for-wbd\/"},"modified":"2025-12-17T08:48:37","modified_gmt":"2025-12-17T13:48:37","slug":"kushner-pulls-firms-financing-of-paramounts-hostile-bid-for-wbd","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kushner-pulls-firms-financing-of-paramounts-hostile-bid-for-wbd\/","title":{"rendered":"Kushner pulls firm&#8217;s financing of Paramount&#8217;s hostile bid for WBD"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fkushner-pulls-firms-financing-of-paramounts-hostile-bid-for-wbd%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2522046&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>jared Kushner&#8217;s firm, Affinity Partners, has withdrawn its financing of Paramount Skydance Corp.&#8217;s hostile bid to acquire Warner Bros. Finding (WBD). Affinity Partners had reportedly planned to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/beijing-fuming-taiwan-pledges-200-million-to-lithuania\/\" title=\"Beijing Fuming: Taiwan Pledges 0 Million to Lithuania\">invest 0 million<\/a> in the Paramount bid, which challenges Netflix&#8217;s earlier $83 billion offer to acquire WBD.Paramount CEO David Ellison launched a direct appeal to shareholders with an $18 billion higher all-cash offer than Netflix&#8217;s, despite waning relations with Trump, Kushner&#8217;s father-in-law. Meanwhile, warner Bros. Discovery&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bed-bath-beyond-files-for-bankruptcy-protection-after-long-struggle\/\" title=\"After a protracted battle, Bed Bath &amp; Beyond files for bankruptcy protection.\">board urged shareholders<\/a> to reject Paramount&#8217;s bid, emphasizing the benefits of a Netflix-Warner Bros. merger for consumers and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-to-leapfrog-u-s-as-worlds-biggest-economy-by-2028-think-tank\/\" title=\"China to leapfrog U.S. as world\u2019s biggest economy by 2028 \u2013 think tank\">long-term growth<\/a>. Shareholders will ultimately decide which offer to accept, with Paramount offering $30 per share versus Netflix&#8217;s $27.75. The impact of Affinity Partners&#8217; exit on Paramount&#8217;s bid value remains uncertain.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Kushner pulls firm&rsquo;s financing of Paramount&rsquo;s hostile bid as Warner Bros. pushes shareholders to reject it<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2378852\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>One of <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/jared-kushner\/\">Jared Kushner<\/a>&rsquo;s firms announced on Tuesday it is exiting the takeover battle for Warner Bros. Discovery Inc., after <a href=\"https:\/\/amzn.to\/3YuVZYV\" >previously helping finance&#038;nbsp<\/a>;Paramount Skydance Corp.&rsquo;s bid to acquire the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/section\/news\/entertainment\/\">entertainment<\/a> company.&nbsp;<\/p>\n<p>Kushner, who founded Affinity Partners, is President Donald Trump&rsquo;s son-in-law and is known as one of his top informal advisers.&nbsp;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3919336\/michelle-obama-defends-rob-michele-reiner-i-do-know-them\/\">Michelle Obama defends the Reiners: &#8216;I do know them&#8217;<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3918180\/stephen-a-smith-interview-invitations-democratic-leaders-unanswered\/\">Stephen A. Smith says interview invitations for Democratic leaders went unanswered<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/3917926\/landman-blasts-the-view-paramount\/\">Landman blasts &#8216;bunch of pissed-off millionaires&#8217; hosting The View<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>Affinity Partners has now moved to pull a reported $200 million investment in Paramount&rsquo;s hostile bid to take over WBD instead of Netflix, which was viewed with skepticism by Trump.<\/p>\n<p>The development comes as the latest twist <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3907796\/warner-bros-discovery-paramount-bidding-war\/\">in the WBD saga<\/a>, after the bidding war initially heated up earlier this year.<\/p>\n<p>After Netflix appeared to win the battle to acquire WBD with a roughly $83 billion deal, Paramount CEO David Ellison decided to take his proposal directly to shareholders with a &ldquo;<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3910259\/paramount-hostile-bid-warner-bros-discovery\/\">hostile bid<\/a>.&rdquo; Ellison, whose longtime relationship with Trump appears to have <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/search?q=cbs\">frayed in recent days <\/a>due to his ownership of CBS News, offered shareholders $18 billion more in an all-cash bid.<\/p>\n<p>But the WBD board pressured shareholders on Wednesday not to accept Paramount&rsquo;s proposal.&nbsp;<\/p>\n<p>&ldquo;We strongly believe that Netflix and Warner Bros. joining forces will offer consumers more choice and value, allow the creative community to reach even more audiences with our combined distribution, and fuel our long-term growth,&rdquo; Warner Bros. said. &ldquo;We made this deal because their deep portfolio of iconic franchises, expansive library, and strong studio capabilities will complement&mdash;not duplicate&mdash;our existing business.&rdquo;<\/p>\n<p>Shareholders still have the final say on whether to tender their shares in favor of Paramount&rsquo;s offer for the entire company, which includes CNN, HBO Max, DC Comics, and the Discovery Channel.&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3910153\/trump-netflix-warner-bros-merger-could-be-a-problem\/\"><strong>TRUMP SAYS NETFLIX-WARNER BROS. MERGER &lsquo;COULD BE A PROBLEM&rsquo;<\/strong><\/a><\/p>\n<p>Paramount is offering $30 per Warner share to Netflix&rsquo;s $27.75.<\/p>\n<p>It is unclear whether the value has changed due to Affinity Partners&rsquo; decision to pull its investment from Paramount.&nbsp;<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kushner&#8217;s firm withdraws funding from Paramount&#8217;s bid<\/p>\n","protected":false},"author":3142,"featured_media":2522047,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2023\/12\/de219470f248ca0e6b2eecbd89d1a8ef-e1765978135925.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651,538],"tags":[13460,68437,4492,54802,68238],"class_list":["post-2522046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","category-washington-examiner","tag-financing","tag-hostile-bid","tag-kushner","tag-paramount-2","tag-wbd"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2023\/12\/de219470f248ca0e6b2eecbd89d1a8ef-e1765978135925.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2522046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3142"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2522046"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2522046\/revisions"}],"predecessor-version":[{"id":2522050,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2522046\/revisions\/2522050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2522047"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2522046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2522046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2522046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}