Paramount's $54B Hostile Bid for Warner Bros. Backed by Billionaires, Kushner vs. Netflix

• Paramount Skydance Corp. launched a hostile takeover bid for Warner Bros. Discovery, aiming to disrupt Netflix's prior deal.
• The bid is backed by banks (BofA, Citi, Apollo), billionaires (Larry Ellison), and sovereign wealth funds (Saudi PIF, Qatar, Abu Dhabi).
• Jared Kushner's Affinity Partners is a key equity backer, drawing attention due to his connection to Donald Trump.
• Paramount's offer of $30 per share for the entire company exceeds Netflix's $27.75 per share for specific assets.
• Paramount CEO David Ellison assured Warner Bros. of financing certainty from wealthy partners.

Why It Matters: This high-stakes bid for Warner Bros. reveals intense media consolidation and political influence.