Kushner-Backed Paramount Bid Collides With Trump’s Threat to Block Netflix Deal

A major media showdown escalated Monday after Paramount Skydance launched a hostile takeover bid for Warner Bros. Discovery (WBD), directly challenging Netflix’s earlier agreement to acquire key parts of the company. The move is backed by Jared Kushner’s Affinity Partners and sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi, adding a geopo…