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Jared Kushner's firm exits takeover battle for Warner Bros Discovery
The Guardian· 2025-12-16 22:27
Jared Kushner’s private equity firm has reportedly stepped back from previous efforts to take over the entertainment giant Warner Bros Discovery, following scrutiny of his involvement.Affinity Partners emerged as a key backer of a $108.4bn hostile bid by Paramount Skydance for control of WBD. Kushner, Donald Trump’s son-in-law and adviser, set up Affinity.Paramount, controlled by the billionaire Ellison family, is attempting to sink a $82.7bn deal WBD struck to sell its storied Warner Bros movie studios, pr ...