A private equity firm owned by Jared Kushner says it's no longer backing Paramount's hostile acquisition bid for Warner Bros.

The exit came a week after Paramount Skydance made its $108.4 billion all-cash offer to Warner Bros. Discovery.

Affinity Partners had planned to back a bid by Paramount Skydance to acquire all the assets of media giant Warner Bros.

Paramount Skydance’s financing for its $108 billion bid for Warner Bros. Discovery took a blow on Tuesday as President Donald ...

Warner Bros Discovery's board could announce a decision as early as Wednesday on Paramount Skydance's $108.4 billion takeover ...

Affinity Partners, Mr. Kushner’s private equity firm, played a small financial role in Paramount’s $108 billion offer, but it ...

Kushner's involvement was seen as a potential conflict of interest with father-in-law Trump looking at the deal ...

Jared Kushner's Affinity Partners investment firm is no longer part of Paramount Skydance's acquisition bid for Warner Bros.

European antitrust regulators are notoriously stricter than U.S. agencies. What does that mean for the ...

Netflix's decision to acquire assets from Warner Bros Discovery has not changed, its co-CEOs Greg Peters and Ted Sarandos ...

Several Hollywood unions, including the Writers Guild of America and Teamsters, have expressed serious concerns over a ...

Warner Bros. Discovery (WBD), the massive media conglomerate that owns HBO, CNN and a number of other top brands in news and ...