Kushner's Affinity Partners exits Paramount bid for Warner Bros. Discovery

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Kushner's Affinity Partners has withdrawn its bid for Paramount, shifting focus to other opportunities, as Warner Bros. Discovery (WBD) undergoes significant restructuring, including the sale of its film studio and spin-off of Discovery Global.

Market Impact

Market impact analysis based on neutral sentiment with 69% confidence.

Sentiment
Neutral
AI Confidence
69%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

WBD agreed to sell its film studio and streaming service HBO Max to Netflix, and plans to spin out Discovery Global, with its TV networks such as CNN and TNT.

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Original article published by CNBC on December 17, 2025.
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