REUTERS.COM
'Affinity Partners'

Kushner takes financing role in hostile bid for Warner Bros

SUMMARY

Paramount has launched a hostile bid for Warner Bros Discovery, aiming to outbid Netflix and establish a media giant. Jared Kushner's investment firm, Affinity Partners, is providing financial backing, along with funds from Saudi and Qatari sovereign wealth. This connection raises concerns about possible conflicts of interest involving Trump.

While Trump claims he hasn’t discussed the deal with Kushner, he has shown interest in its outcome. Antitrust reviews by the Justice Department will examine the deal's impact on media competition. Experts warn about the "blurred line between running the government and the family's business interests." Scott Amey urges Trump to avoid any involvement, suggesting it could lead to accusations of favoritism towards Kushner.


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