Jared Kushner, Founder & CEO, Affinity Companions, speaks in the course of the second day of the FII PRIORITY Summit held on the Faena Lodge on Feb. 20, 2025 in Miami Seaside, Florida.
Joe Raedle | Getty Pictures
Jared Kushner’s agency Affinity Companions has dropped out of Paramount Skydance‘s hostile takeover bid for Warner Bros. Discovery.
“With two sturdy opponents vying to safe the long run of this distinctive American asset, Affinity has determined not to pursue the chance,” an Affinity spokesperson stated in an announcement.
“The dynamics of the funding have modified considerably since we initially grew to become concerned in October,” the spokesperson stated. “We proceed to imagine there’s a sturdy strategic rationale for Paramount’s supply.”
Kushner is the son-in-law of President Donald Trump.
The WB water tower is seen at Warner Bros. Studios in Burbank, California on Dec. 5, 2025.
Patrick T. Fallon | AFP | Getty Pictures
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