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Yesterday — 17 December 2025Main stream

Warner Bros. Urges Shareholders to Reject Paramount Takeover Bid, Saying Ellisons ‘Misled’ Them

The claim was made as part of Warner Bros. Discovery’s dismissal of Paramount’s hostile takeover offer.

© Aleksey Kondratyev for The New York Times

Warner Bros., which has its headquarters in Burbank, Calif., agreed to sell itself to Netflix in a deal worth $83 billion.

Jared Kushner’s Affinity Partners Pulls Out of Bid for Warner Bros. Discovery

17 December 2025 at 08:09
Affinity Partners, Mr. Kushner’s private equity firm, played a small financial role in Paramount’s $108 billion offer, but it had attracted political attention to the deal.

© Haiyun Jiang for The New York Times

Jared Kushner, President Trump’s son-in-law, founded his investment firm, Affinity Partners, shortly after the end of Mr. Trump’s first term.
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