Monday, December 8, 2025

Warner Brothers: Affinity and Beyond!


Trump II's son-in-law Jared Kushner's Affinity Partners joined Paramount-Skydance in their latest bid for Warner Brothers.  Affinity is a private equity underwriter (PEU) headed by Trump son-in-law Jared Kushner and it's chock full of Middle East money (from various sovereign wealth funds).

Trump II noted problems with the Netflix purchase, a deal accepted by Warner Brothers board of directors.

It's not clear which deal will advance but the amount of foreign money could trigger a CFIUS review.  Should that happen, former Affinity Partners Head of  Global Research Kevin Hassett could be in the room as  the head of the National Economic Council.

It's also not known if a review would take place before Hassett leaves to take over as Fed Chair.  There are a lot of moving parts.  


Oddly, one of those involves another PEU, former Carlyle Group co-CEO Glenn Youngkin.  As his Virginia Governorship grows to a close, Youngkin is under consideration for replacing Kristi Noem, Homeland Security Director.  That role also comes with a CFIUS spot.  

Former PEUs could be approving a PEU aided Paramount deal for Warner Brothers.  That's the kind of conflict of interest they like.

Politicians Red & Blue love PEU and increasingly, more are one.