Kushner Firm Exits Hunt for Warner Bros. Discovery

Jared Kushner’s investment firm, Affinity Partners, has withdrawn from a potential bid for media giant Warner Bros. Discovery. The private equity firm had been part of a larger investor group considering an offer. Its involvement, while financially minor, drew significant political scrutiny due to Kushner’s role as a senior adviser to former President Donald Trump. Affinity recently played a small part in a separate $108 billion offer for Paramount Global. That move also attracted political attention. The firm’s exit from the Warner Bros. Discovery consideration leaves the bidding path unclear. No official reason was given for the withdrawal.