ared Kushner’s financing role in Paramount’s $108 billion bid for Warner Bros Discovery injects Trump-family interests into one of the biggest media battles in years, raising concerns over whether the president’s influence could tip the scales.

Paramount Skydance (PSKY.O), opens new tab on Monday launched a hostile bid for Warner Bros Discovery (WBD.O), opens new tab in a last-ditch effort to outbid Netflix (NFLX.O), opens new tab and create a media powerhouse.

Paramount said its offer includes financing from Kushner’s investment firm Affinity Partners, along with financing from the Saudi and Qatari sovereign wealth funds and L’imad Holding Co., owned by Abu Dhabi.

Trump told reporters on Monday that he has not spoken with Kushner about Warner Bros Discovery, adding that neither Netflix or Paramount “are friends of mine.” A day earlier, Trump said he would be involved in a decision on Netflix’s proposed acquisition of Warner Bros studios and streaming assets.

  • cyrano@piefed.social
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    13 hours ago

    Los Angeles nepo baby ask help from New York nepo baby. They are both close to the White House nepo baby, and ask for money from middle east nepo babies. Ah, meritocracy!

  • Bamboodpanda@lemmy.world
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    3 days ago

    I am beyond tired of seeing “raises ethical concerns” every time something blatantly corrupt happens. I understand Reuters and AP want to sound neutral, but at this point that phrasing just feels like polite fiction. When the president’s son-in-law is financing a $108 billion media takeover that the president himself may influence through antitrust review, that is not a vague “ethical concern.” That is a direct, structural conflict of interest in plain sight. The soft language does not make it responsible journalism anymore. It makes it feel like reality is being systematically understated.

  • Zier@fedia.io
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    2 days ago

    It’s a crime family, no one is supposto ask questions. What kind of shoes you like? Concrete?

  • frustrated_phagocytosis@fedia.io
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    3 days ago

    We’re cool with the authoritarian backers though? Should be concerning when countries that treat women like property want to control who’s your funding your media.

      • Rhaedas@fedia.io
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        3 days ago

        I mean, they’ll try. The one scene that comes to mind is Superman in handcuffs, then breaking them to prove he’s there of his own free will.