Jared Kushner speaks during a press conference on October 21, 2025.
Kushner Role in Paramount Scheme Shows US 'Devolving Into Caricature of Crony Capitalism'
"The Warner Bros. merger was already suspect, but now Trump’s family is getting in on the act," said one Democratic senator.
The revelation that Jared Kushner, US President Donald Trump's son-in-law, is playing a key role in Paramount Skydance's hostile bid for Warner Bros. Discovery underscores the extent to which the current administration's open corruption "is fundamentally distorting economic and governmental policymaking at the direct expense of the interests of the American people," a watchdog group said Tuesday.
Kushner's private equity firm, Affinity Partner, is listed in a regulatory filing as one of the organizations financing Paramount's $108 billion bid for Warner Bros., which owns CNN. Ethics experts say Kushner's involvement represents another glaring conflict of interest on top of preexisting concerns about the bid, stemming from Trump's relationship with Paramount CEO David Ellison and his billionaire father, GOP megadonor Larry Ellison.
"America is devolving into a caricature of crony capitalism," Robert Weissman, co-president of Public Citizen, said in a statement Tuesday. "Factions aiming to shrink media competition are fighting over who can show the greatest fealty to Donald Trump. Paramount seems to have won the prize, bringing in presidential son-in-law Jared Kushner—whose investment vehicle is flush with Saudi funds, deposited only because of his personal relationship with Donald Trump—as a partner."
"A working antitrust policy would block the merger of Warner Bros. Discovery with one of the existing media goliaths. It would never be influenced by personal connections to the president," Weissman added. "This case underscores that the corruption pervading the Trump administration isn’t just about making Trump and his family and hangers-on ever richer. That corruption is fundamentally distorting economic and governmental policy making, at the direct expense of the interests of the American people.”
Sen. Chris Van Hollen (D-Md.) said that "the Warner Bros. merger was already suspect, but now Trump’s family is getting in on the act."
"Paramount already had deep ties to the White House," he added, "now Trump's family will directly profit if they win."
Asked Monday about Kushner's financing role, Trump said he has "never spoken to him about it."
Paramount, which the Trump administration reportedly favored to take over Warner Bros., announced its bid for the company days after the streaming behemoth Netflix and Warner Bros. leadership reached an $83 billion acquisition deal. The president immediately criticized the Netflix agreement and pledged to intervene in the federal review process.
"The blurred line between running the government and the family's business interests is expanding each day," Scott Amey, general counsel with the Project On Government Oversight, told Reuters.
Antitrust experts and advocates have argued that both of the proposed mergers are likely illegal and should be blocked.
Matt Stoller, research director at the American Economic Liberties Project, said Monday that either merger "would further deepen the media consolidation crisis that is eroding our creative economy and freedom of expression."
"Paramount specifically would be well-positioned to manipulate the news to please the president, which David Ellison made clear it intends to do in an interview earlier today," said Stoller. "There is a reason that policymakers and workers in Hollywood have come out against each iteration of this deal. Rather than allowing further consolidation in the industry, policymakers must reregulate the market with prohibitions on vertical integration.”
We are at a crossroads
This country and this world are at a monumental crossroads. In a few short weeks, US voters will have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. Our Fall Campaign is underway, and we need your help. To power our newsroom through the rest of the year, we need to raise $125,000 by midnight on October 31. So if you share our vision, please contribute whatever you can to sustain our work. |
The revelation that Jared Kushner, US President Donald Trump's son-in-law, is playing a key role in Paramount Skydance's hostile bid for Warner Bros. Discovery underscores the extent to which the current administration's open corruption "is fundamentally distorting economic and governmental policymaking at the direct expense of the interests of the American people," a watchdog group said Tuesday.
Kushner's private equity firm, Affinity Partner, is listed in a regulatory filing as one of the organizations financing Paramount's $108 billion bid for Warner Bros., which owns CNN. Ethics experts say Kushner's involvement represents another glaring conflict of interest on top of preexisting concerns about the bid, stemming from Trump's relationship with Paramount CEO David Ellison and his billionaire father, GOP megadonor Larry Ellison.
"America is devolving into a caricature of crony capitalism," Robert Weissman, co-president of Public Citizen, said in a statement Tuesday. "Factions aiming to shrink media competition are fighting over who can show the greatest fealty to Donald Trump. Paramount seems to have won the prize, bringing in presidential son-in-law Jared Kushner—whose investment vehicle is flush with Saudi funds, deposited only because of his personal relationship with Donald Trump—as a partner."
"A working antitrust policy would block the merger of Warner Bros. Discovery with one of the existing media goliaths. It would never be influenced by personal connections to the president," Weissman added. "This case underscores that the corruption pervading the Trump administration isn’t just about making Trump and his family and hangers-on ever richer. That corruption is fundamentally distorting economic and governmental policy making, at the direct expense of the interests of the American people.”
Sen. Chris Van Hollen (D-Md.) said that "the Warner Bros. merger was already suspect, but now Trump’s family is getting in on the act."
"Paramount already had deep ties to the White House," he added, "now Trump's family will directly profit if they win."
Asked Monday about Kushner's financing role, Trump said he has "never spoken to him about it."
Paramount, which the Trump administration reportedly favored to take over Warner Bros., announced its bid for the company days after the streaming behemoth Netflix and Warner Bros. leadership reached an $83 billion acquisition deal. The president immediately criticized the Netflix agreement and pledged to intervene in the federal review process.
"The blurred line between running the government and the family's business interests is expanding each day," Scott Amey, general counsel with the Project On Government Oversight, told Reuters.
Antitrust experts and advocates have argued that both of the proposed mergers are likely illegal and should be blocked.
Matt Stoller, research director at the American Economic Liberties Project, said Monday that either merger "would further deepen the media consolidation crisis that is eroding our creative economy and freedom of expression."
"Paramount specifically would be well-positioned to manipulate the news to please the president, which David Ellison made clear it intends to do in an interview earlier today," said Stoller. "There is a reason that policymakers and workers in Hollywood have come out against each iteration of this deal. Rather than allowing further consolidation in the industry, policymakers must reregulate the market with prohibitions on vertical integration.”
- After Trump Vow to Intervene, Kushner Linked to Paramount's Hostile Bid for Warner Bros. ›
- 'One Family Is About to Control CBS, CNN, HBO, and TikTok': Alarm Grows Over Paramount-Warner Bros. Merger | Common Dreams ›
- 'Epitome of Crony Capitalism': Hollywood Stars Come Out Swinging at Paramount-Warner Bros. Merger | Common Dreams ›
The revelation that Jared Kushner, US President Donald Trump's son-in-law, is playing a key role in Paramount Skydance's hostile bid for Warner Bros. Discovery underscores the extent to which the current administration's open corruption "is fundamentally distorting economic and governmental policymaking at the direct expense of the interests of the American people," a watchdog group said Tuesday.
Kushner's private equity firm, Affinity Partner, is listed in a regulatory filing as one of the organizations financing Paramount's $108 billion bid for Warner Bros., which owns CNN. Ethics experts say Kushner's involvement represents another glaring conflict of interest on top of preexisting concerns about the bid, stemming from Trump's relationship with Paramount CEO David Ellison and his billionaire father, GOP megadonor Larry Ellison.
"America is devolving into a caricature of crony capitalism," Robert Weissman, co-president of Public Citizen, said in a statement Tuesday. "Factions aiming to shrink media competition are fighting over who can show the greatest fealty to Donald Trump. Paramount seems to have won the prize, bringing in presidential son-in-law Jared Kushner—whose investment vehicle is flush with Saudi funds, deposited only because of his personal relationship with Donald Trump—as a partner."
"A working antitrust policy would block the merger of Warner Bros. Discovery with one of the existing media goliaths. It would never be influenced by personal connections to the president," Weissman added. "This case underscores that the corruption pervading the Trump administration isn’t just about making Trump and his family and hangers-on ever richer. That corruption is fundamentally distorting economic and governmental policy making, at the direct expense of the interests of the American people.”
Sen. Chris Van Hollen (D-Md.) said that "the Warner Bros. merger was already suspect, but now Trump’s family is getting in on the act."
"Paramount already had deep ties to the White House," he added, "now Trump's family will directly profit if they win."
Asked Monday about Kushner's financing role, Trump said he has "never spoken to him about it."
Paramount, which the Trump administration reportedly favored to take over Warner Bros., announced its bid for the company days after the streaming behemoth Netflix and Warner Bros. leadership reached an $83 billion acquisition deal. The president immediately criticized the Netflix agreement and pledged to intervene in the federal review process.
"The blurred line between running the government and the family's business interests is expanding each day," Scott Amey, general counsel with the Project On Government Oversight, told Reuters.
Antitrust experts and advocates have argued that both of the proposed mergers are likely illegal and should be blocked.
Matt Stoller, research director at the American Economic Liberties Project, said Monday that either merger "would further deepen the media consolidation crisis that is eroding our creative economy and freedom of expression."
"Paramount specifically would be well-positioned to manipulate the news to please the president, which David Ellison made clear it intends to do in an interview earlier today," said Stoller. "There is a reason that policymakers and workers in Hollywood have come out against each iteration of this deal. Rather than allowing further consolidation in the industry, policymakers must reregulate the market with prohibitions on vertical integration.”
- After Trump Vow to Intervene, Kushner Linked to Paramount's Hostile Bid for Warner Bros. ›
- 'One Family Is About to Control CBS, CNN, HBO, and TikTok': Alarm Grows Over Paramount-Warner Bros. Merger | Common Dreams ›
- 'Epitome of Crony Capitalism': Hollywood Stars Come Out Swinging at Paramount-Warner Bros. Merger | Common Dreams ›