Kushner's private equity firm, Affinity Partners, is backing out of Paramount's $108 billion WBD bid.

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.

Jared Kushner’s Affinity Partners has withdrawn from the $108B hostile bid for Warner Bros. Discovery, citing changing investment dynamics ...

Serif’s Affinity suite was already an audacious land-grab. It challenged Adobe’s increasingly spendy Creative Cloud subscription by making pro-grade photo editing and design tools more accessible ...

Kushner’s firm entered the fray and pitched in $200 million to Paramount’s offer — a minor contribution, according to Bloomberg.