Jared Kushner Joins Paramount’s Pursuit of Warner Bros. Discovery

Jared Kushner, the former senior adviser to ex‑President Donald Trump, is reportedly participating through his private‑equity fund in a consortium that is backing Paramount Global’s hostile bid to acquire Warner Bros. Discovery. The proposed takeover would give the acquirer control of a vast media portfolio that includes CNN, HBO Max, the Warner film and television libraries, and a range of other entertainment assets.

Why the Deal Matters

The move signals a major shift in the U.S. media landscape, potentially reshaping how news, streaming, and blockbuster content are produced and distributed. If successful, Paramount would combine its own film and TV assets with Warner Bros. Discovery’s extensive holdings, creating a rival to the industry’s current giants.

Key Players

Alongside Kushner’s fund, the bidding group includes several other private‑equity firms and investment partners, all aiming to outbid competing offers and secure a controlling stake in the entertainment conglomerate.