news reports just into us. This from the business world on that massive media merger we've been telling you about. This is coming into us in like the last maybe hour with two reports saying Warner Brothers Discovery will tell its shareholders to reject one company's office offer to buy them out and instead to pick Netflix.Remember there was this potential bidding war that was at stake here. Paramount versus Netflix to take over this massive media company. Paramount launched that hostile bid for Warner Broth ...

Core Viewpoint - Paramount Skydance is maintaining its $30-a-share, all-cash bid for Warner Bros. Discovery (WBD) and is arguing that its $78 billion offer is superior to WBD's current deal with Netflix [1][6]. Group 1: Bid Details - Paramount Skydance's owners, David and Larry Ellison, along with RedBird Capital, plan to assure shareholders that they will cover the $2.8 billion breakup fee, which equates to about $1 per share, if enough investors support their bid by the January 8 deadline [2]. - Paramount Skydance is confident in its financing, claiming to have secured credit lines from Bank of America and Apollo, with Larry Ellison contributing $12 billion in cash and Gulf State funds providing another $24 billion in equity [7][8]. Group 2: Competitive Landscape - There is speculation of a bidding war as WBD is expected to formally urge investors to reject Paramount Skydance's hostile bid, emphasizing the uncertainty surrounding the financing of Paramount's offer [4][10]. - Notable media investor Mario Gabelli has expressed his intention to support Paramount's all-cash bid over Netflix's deal, which involves stock and complex financing [5][10]. Group 3: Regulatory Considerations - Paramount Skydance argues that its deal presents regulatory certainty compared to Netflix's offer, which may trigger a lengthy antitrust investigation due to the combination of streaming assets [8]. - WBD and Netflix counter that regulatory concerns are overstated, citing the reliance of consumers on social media and YouTube for programming rather than streaming services [10]. Group 4: Financial Backing and Concerns - Larry Ellison's commitment to backstop the deal is under scrutiny, as his wealth is primarily tied to Oracle shares, which have lost significant value since the bidding began [11]. - Critics argue that Ellison's backing is not personal but comes from a revocable trust, although Paramount Skydance defends the trust as a legitimate source of his wealth for deal-making [12].

John, that's right. Jared Kushner's affinity partners says it is now out of the project to purchase Warner Brothers Discovery alongside uh the Paramount offer. Remember Jared Kushner had been one of the investors listed uh in that through his uh private equity firm.We now have a statement from that private equity firm, Infinity Partners, a spokesperson there telling us with two strong competitors vying to secure the future of this unique American asset, Affinity has decided no longer to pursue the opportuni ...

Group 1 - Jared Kushner's private equity firm, Affinity Partners, has withdrawn from efforts to take over Warner Bros Discovery (WBD) amid scrutiny of Kushner's involvement [1][4] - Affinity Partners was a key backer of a $108.4 billion hostile bid by Paramount Skydance for control of WBD, which includes significant assets like Warner Bros movie studios and HBO Max [1][2] - WBD is currently reviewing an unsolicited $82.7 billion offer from Paramount to sell its assets, with a public response expected soon [2][4] Group 2 - The hostile bid from Paramount is supported by the Ellison family and RedBird Capital, with additional funding from Affinity, Saudi Arabia's Public Investment Fund, and the Qatar Investment Authority [3] - Affinity stated that despite stepping back, they believe there is a strong strategic rationale for Paramount's offer [4] - The involvement of Kushner has raised concerns, particularly as former President Trump has indicated he expects to be involved in regulatory scrutiny of any deal for WBD [4]

Michelle. Just a few minutes ago, we were talking about the potential for or not the potential, but Warner Brothers are basically urging folks to actually embrace the Netflix deal. Now we're learning that Jared Kushner and affinity partners are apparently out of the paramount skydance deal side of this deal when it comes to the financing.Yes. So it's evolving very rapidly. Lots has been happening just in the past few minutes.But what we do know so far is that affinity capital is dropping out of their effort ...

Trump can still do right by the economy, shareholders and even Hollywood. ...

Core Viewpoint - Warner Bros. Discovery's board is expected to recommend shareholders vote against Paramount Skydance's $108.4 billion takeover bid, with a decision potentially announced as early as Wednesday [1][4]. Group 1: Takeover Bids - Paramount Skydance has made a $108.4 billion bid for Warner Bros. Discovery, which includes a $30-a-share, all-cash offer directed at Warner Bros. shareholders [5][7]. - Netflix previously made a $27 cash-and-stock bid for Warner Bros.' non-cable assets, which has been accepted [2][4]. Group 2: Financing and Regulatory Aspects - Paramount's bid is financed by $41 billion in new equity backed by the Ellison family and RedBird Capital, along with $54 billion in debt commitments from Bank of America, Citi, and Apollo [6]. - Paramount claims its offer is superior to Netflix's and would face a clearer path to regulatory approval [6]. Group 3: Strategic Implications - The winner of the bidding war will gain a significant advantage in the streaming market by acquiring a vast content library, which includes iconic films and popular series [2][4].

Jared Kushner's investment firm Affinity Partners has withdrawn from the takeover battle for Warner Bros Discovery , Bloomberg News reported on Tuesday, citing a representative for the firm. ...

本文源自：金融界AI电报 据华尔街日报：消息人士表示，华纳兄弟探索公司(WBD.O)将告知股东，最早将于周三拒绝派拉蒙的收 购提议，将向股东推荐现有与奈飞(NFLX.O)的交易。 ...

Warner Bros. Discovery is planning to reject Paramount Skydance’s hostile takeover bid due to concerns about financing and other terms https://t.co/73bn3R2A5a ...