Donald Trump’s son-in-law is puppet-mastering Paramount’s $108.4 billion bid to acquire Warner Bros. Discovery.
Jared Kushner’s private-equity firm, Affinity Partners, is part of the Hail Mary after Netflix agreed to pay $82.7 billion for the media and entertainment conglomerate, beating out Paramount and Comcast after a monthslong bidding war, Axios first reported.
Paramount announced the all-cash offer in a press release on Monday, pitching it as the quicker path to regulatory approval (Netflix’s offer still requires regulatory signoff).
The post Jared Kushner Is Quietly Steering a Massive Media Takeover appeared first on The Daily Beast