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Paramount Uses Trump's Son-In-Law Kushner, Sovereign Fund To Counter Netflix's WBD Bid—Experts Warn Of Risky 'Monolith' Despite Streaming Dominance - Paramount Skydance (NASDAQ:PSKY)
Benzinga· 2025-12-09 15:32
Paramount Skydance Corp. (NASDAQ:PSKY) has launched a hostile $108 billion bid for Warner Bros Discovery Inc. (NASDAQ:WBD) , backed by financing from Jared Kushner's Affinity Partners and Middle Eastern sovereign wealth funds.The ‘Expensive’ Battle For DominanceThe aggressive move aims to derail a rival acquisition by Netflix Inc. (NASDAQ:NFLX) , sparking a high-stakes media battle that experts warn creates a risky corporate “monolith,” fraught with deep ethical conflicts and integration nightmares.The bidd ...