Core Viewpoint - Jared Kushner's Affinity Partners has decided to withdraw from the project to purchase Warner Brothers Discovery, citing significant changes in the investment dynamics since their initial involvement in October [1][2]. Group 1: Company Actions - Affinity Partners, a private equity firm associated with Jared Kushner, has officially exited the bidding for Warner Brothers Discovery, which was previously considered alongside a Paramount offer [1][2]. - A spokesperson from Infinity Partners indicated that the firm believes there is still a strong strategic rationale for Paramount's offer despite their withdrawal [2]. Group 2: Market Dynamics - The term "dynamics" in the statement from Affinity Partners suggests that the competitive landscape and investment conditions have shifted considerably, although specific details were not disclosed [2][3]. - The implications of this withdrawal may affect the likelihood of Paramount's success in acquiring Warner Brothers Discovery, prompting speculation among market analysts [3].

[music] Investors are sorting through a mixed picture of updates on the labor market, but our next guest still optimistic on the road ahead for the economy and markets. Bank of America senior investment strategist Lauren Sanfalippo joins me here now to discuss. Lauren, it is good to see you.Let's start in the macro. Lauren, uh, you're all calling for real GDP growth to accelerate nominal over 5%. What gives you the confidence to make that call.>> Well, I think we'll find out more on Thursday on the inflatio ...

Jared Kushner, Founder & CEO, Affinity Partners, speaks during the second day of the FII PRIORITY Summit held at the Faena Hotel on Feb. 20, 2025 in Miami Beach, Florida.Jared Kushner's firm Affinity Partners has dropped out of Paramount Skydance's hostile takeover bid for Warner Bros. Discovery."With ​two ​strong competitors ​vying to secure ​the future ​of this ​unique American ​asset, ​Affinity ​has ​decided no longer to pursue ​the opportunity," an Affinity spokesperson said in a statement."The dynamics ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with the global simulcast. Carol Massar Tim Stenovec.They join us from the radio room as we welcome all of our audiences across all of our platforms, including our partnership with YouTube. An interesting day in the market. But Carol, I do want to start with that breaking news that we got a little while ago.Just a few minutes ago here, Warner Brothers Discove ...

Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover bid, with the board likely to advise shareholders to vote against the offe... ...

Core Viewpoint - The acquisition of Warner Bros. by Netflix, valued at $83 billion, is presented as a positive development for the entertainment industry, despite skepticism from Wall Street and a decline in Netflix's stock price by 10% since the proposal was announced [1][2] Company Perspective - Netflix Co-CEOs emphasize that the merger will enhance consumer choice and value, leveraging Warner Bros.'s extensive portfolio and capabilities without causing overlap or studio closures [6][12] - The company is confident in obtaining regulatory approval for the deal, asserting that it is pro-consumer, pro-innovation, and pro-growth [10][11] Competitive Landscape - MoffettNathanson analyst Robert Fishman suggests that Netflix should avoid escalating the bidding war with Paramount, which has made a $108 billion cash offer for Warner Bros. Discovery, including debt assumption [3][4] - Fishman notes that a combined Paramount-Warner Bros. entity would create a significant competitor in the streaming market, potentially rivaling Disney and Amazon [5] Market Reactions - Investors have reacted negatively to the acquisition news, with Netflix shares dropping significantly since the announcement [1] - Paramount is expected to increase its bid for Warner Bros., which could pressure Netflix to reassess its strategy [4][5]

据路透社报道，Netflix 表示将致力于支持华纳兄弟电影在影院上映，并表示这"是他们业务和传承的重要组成部分"。 IT之家 12 月 15 日消息，在华纳兄弟与 Netflix 刚刚达成协议仅过去几天后，派拉蒙天舞公开提出以每股 30 美元（IT之家注：现汇率约合 211.9 元人民币） 现金收购华纳兄弟，比 Netflix 的报价稍微高一些。 对于这一"截胡"操作，Netflix 的 CEO Greg Peters 和 Ted Sarandos 周一在给员工的信中表示，公司决定收购华纳兄弟探索公司的资产的立场没有改变。 "我们过去没有优先考虑影院发行，因为这并不是 Netflix 的业务。当这项交易完成后，我们将进入这一业务，"信中还补充说，派拉蒙天舞的敌意收购"完全 在预料之中"。"我们已经达成了一项稳妥的协议。这对我们的股东、消费者来说都是好事，也是创造和保护行业就业岗位的有效途径。我们有信心最终完成 交易 —— 而且我们对未来充满期待。" 尽管对严峻的监管审查担忧，Netflix 仍确信能够获得批准，并援引与 YouTube 竞争的必要性作为其论据。"即使与华纳兄弟合并，我们在美国的观看份额也 只会 ...

The contest between Netflix and Paramount has juicy plot ingredients, from an ambitious billionaire to mysterious Saudi investors and a cameo from the American president’s son-in-law. But the show has only just begun https://t.co/bi699t4e4OPhoto: Shutterstock https://t.co/89X2hzpXWK ...

Netflix and Warner Brothers Discovery announced that Netflix is buying Warner Brothers. $83 billion, huge deal. And then like out of nowhere, off the top rope, Paramount decides what it actually wants to do is launch a a hostile $108 billion bid to take over the whole company.And Netflix was the villain, right. Hollywood was furious that Netflix was going to buy Warner Brothers and take the Warner Brothers legacy and turn it all into streaming slop and d and then Paramount showed up. But now Netflix seems r ...

Core Viewpoint - Paramount and Netflix are both pursuing the acquisition of Warner Bros. Discovery, but they are likely to encounter significant antitrust challenges that may require adjustments to their plans to satisfy regulatory bodies [1][3]. Acquisition Details - Warner Bros. Discovery has agreed to sell its film and television studios and HBO Max to Netflix in a cash-and-stock deal valued at $27.75 per share [2]. - Paramount has made an all-cash tender offer to acquire Warner Bros. Discovery for $30.00 per share, claiming it to be a "superior" offer [2]. Antitrust Considerations - Scott Wagner, an antitrust expert, indicates that both Paramount and Netflix will face considerable regulatory scrutiny due to their market shares in the streaming sector [3][5]. - Paramount's acquisition would include the entirety of Warner Bros. Discovery, including CNN and other cable assets, while Netflix is only interested in the studio and streaming divisions [5]. Market Share Implications - Paramount's control over both CBS News and CNN would significantly enhance its position in traditional media, although newer media outlets may also be considered in market evaluations [6]. - Wagner suggests that the relevant market for antitrust considerations may extend beyond legacy media to include broader media platforms [9]. Regulatory Approval Timeline - The approval process for such a merger typically takes one to two years, followed by an additional period to finalize the deal if approved [14]. - Regulatory scrutiny will not be limited to the U.S.; the EU and other jurisdictions will also evaluate the acquisition, potentially requiring changes or divestitures [15].