In a stunning turn of events, Paramount Pictures' bid to acquire Warner Bros has been thrown into jeopardy as financial backers backed out, leaving the fate of the blockbuster deal uncertain.

Initially, Ellison Paramount, backed by Oracle, had emerged as a leading contender in the bidding war for Warner Bros, with a bid that was considered paramount by industry experts. However, their bid was dealt a significant blow when Jared Kushner's Affinity Partners, a key financial partner, decided to pull out of the deal, citing strategic differences.

This unexpected development has shaken the foundation of Paramount's hostile bid for Warner Bros, raising concerns about the future of the potential acquisition. With Kushner's backing, Paramount had been poised to make a formidable push in the highly competitive entertainment industry, but now faces an uphill battle to secure the necessary financing to seal the deal.

As the deadline for final bids approaches, all eyes are on Paramount as they scramble to secure new financial backers and salvage their bid for Warner Bros. The stakes are high in this high-profile showdown, with billions of dollars and the future of two entertainment giants hanging in the balance.