A new filing reveals that Jared Kushner’s Affinity Partners is backing Paramount’s $108 billion hostile takeover bid for Warner Bros. Discovery. Paramount, led by CEO David Ellison, is using Kushner’s involvement to argue it has a far clearer path to U.S. regulatory approval than rival bidder Netflix — a point strengthened by the Ellison family’s close ties to President Donald Trump.
NEW: Trump's son-in-law Jared Kushner helping to finance Paramount's hostile bid for Warner Bros.https://t.co/Jc4NMMlTa1
— Axios (@axios) December 8, 2025
The filing also revealed that sovereign wealth funds from Saudi Arabia, Abu Dhabi and Qatar are participating in the offer, though all have agreed to hold non-voting equity and no governance rights, including board seats. Tencent, which joined the initial Dec. 1 bid, has since exited the group.
Paramount's WBD Bid Includes $24 Billion From Saudi Arabia, Qatar and Abu Dhabi, as Well as Jared Kushner's Affinity Partners https://t.co/ajnnuiIjq1
— Variety (@Variety) December 8, 2025
If successful, the deal would mark Kushner’s second major acquisition of the year, following his role in the take-private buyout of Electronic Arts.
Also read:
TIPP Staff
TIPP Staff
TIPP Staff
