Some of the most influential people in President Trump’s orbit, past and present, are facing off in the unfolding drama over the future of Warner Bros. Discovery. Netflix, which wants to buy Warner’s studios and HBO Max streaming business, is in a multibillion-dollar game of tug of war with Paramount, which wants to buy the entire company.
Among new participants in the merger fight are Kellyanne Conway, Trump’s 2016 campaign manager and former White House senior counselor, and Tony Fabrizio, the president’s chief pollster. Affinity Partners, the private-equity firm of Trump son-in-law Jared Kushner, said this week it would no longer participate in Paramount’s bid to acquire Warner Bros. Discovery.
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