Kushner's Firm Backs Paramount WBD Bid, Raising Conflict of Interest Fears

• Paramount's $108.4 billion bid for Warner Bros. Discovery (WBD) includes backing from Jared Kushner's firm, Affinity Partners.
• Kushner's involvement sparks ethical concerns due to his ties to Donald Trump, raising potential conflict of interest regarding regulatory approval.
• Paramount's offer seeks control of WBD in its entirety, including linear cable networks like CNN, unlike Netflix's partial bid.
• The proposed merger faces significant regulatory scrutiny over concerns about media consolidation, competition, and journalistic independence.
• WBD has acknowledged Paramount's offer but reaffirmed its prior recommendation for Netflix's deal; shareholders have until early 2026 to decide.

Why It Matters: Jared Kushner's backing of a media giant merger raises ethical and regulatory conflict.