Bloomberg Businessweek Kushner’s Affinity Withdraws From Warner Bros. Takeover Battle
Dec 16, 2025
In this discussion, Felix Gillette reveals the complexities of Paramount's hostile bid for Warner Bros. and the implications for streaming giants like Netflix. R.C. Whalen shares concerning insights on the banking sector, highlighting hidden risks and the dynamics of private credit markets. Julia Pollak decodes the latest labor data, addressing the impact of federal changes and the need for aligning workforce education with AI advancements. Larry Pitkowsky outlines investment strategies, emphasizing the potential of Lennar and the strength of Berkshire Hathaway amid leadership transitions.
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Board Wants Clearer Financing From Paramount
- Warner Bros. Discovery is wary of Paramount Skydance's financing and terms and plans to reject the offer.
- Felix Gillette says Paramount must address financing concerns or return with a stronger bid.
Netflix Would Dramatically Consolidate SVOD
- A Netflix win would create an extremely dominant SVOD leader with 400m+ subscribers.
- Felix Gillette warns this consolidation could harm competition and raise consumer costs later.
Affinity's Exit Simplifies — And Complicates — Offer
- Jared Kushner's Affinity Partners withdrawing reduces some political and regulatory complications.
- Felix Gillette says that simplifies Paramount's offer but creates new regulatory questions down the line.