LOADING ERROR LOADINGNEW YORK (AP) — Warner Bros. is telling shareholders to reject a takeover bid from Paramount Skydance, saying that a rival bid from Netflix will be better for customers. Yet Paramount and Warner Bros. are two of the “big five” legacy studios left in Hollywood today. Affinity Partners, an investment firm run by Trump’s son-in-law Jared Kushner, previously said it would investing in the Paramount deal, too. AdvertisementForeign sovereign wealth funds of Saudi Arabia, Abu Dhabi and Qatar are also backing Paramount’s bid with billions in funding. As (Warner Bros.) said, the (Paramount Skydance) offer has “numerous risks and uncertainties” associated with it, among which are (Paramount’s) financial condition and creditworthiness.”

Source: Huffington Post December 17, 2025 13:12 UTC