The Megyn Kelly Show Jasmine Crockett Enters Senate Race, Paramount's Hostile Takeover, Mamdani's Mansion: AM Update 12/9
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Dec 9, 2025 Paramount is making waves with a hostile takeover attempt of Warner Bros Discovery just as Netflix secures its own deal. Texas Congresswoman Jasmine Crockett enters the Senate race, sparking excitement and challenges ahead. Meanwhile, Jimmy Kimmel's contract renewal at ABC raises eyebrows following his show's recent controversies. In local politics, New York City Mayor-elect Zohran Mamdani plans to transition from his affordable apartment to the extravagant Gracie Mansion, igniting discussions about his background.
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Hostile Bid Shifts Control To Shareholders
- Paramount launched a hostile, all-cash bid to buy Warner Bros. Discovery one day after Netflix's signed deal became public.
- The competing offers shift the decision to shareholders and increase regulatory scrutiny under the Trump administration.
Regulatory Hurdles Could Decide The Outcome
- Paramount argues the Netflix deal faces tougher antitrust hurdles because it combines top streaming services with HBO Max.
- The bids include large breakup fees and foresee different timelines for regulatory approval.
Backers Raise Political Concerns
- Paramount's bid is partly financed by foreign sovereign funds and Jared Kushner's Affinity Partners, who pledged no governance role.
- That backing raises political concerns about influence and prompts critics to frame the deal as politically fraught.