Kushner, Apollo, Billionaire Dad Power Hostile Warner Bros. Bid

The US president’s son-in-law. One of the largest alternative-asset managers. The CEO’s father who fleetingly commanded a fortune exceeding Elon Musk’s.

Paramount Skydance Corp.’s hostile takeover bid Monday for Warner Bros. Discovery Inc. brought together an array of banks, billionaires and sovereign-wealth funds, all with the aim of torpedoing Netflix Inc.’s deal last week.

Bank of America Corp., Citigroup Inc. and Apollo Global Management Inc. are providing the debt commitment, according to filings. RedBird Capital Partners and Larry Ellison — at one point this year the world’s richest person — will backstop the $40.7 billion of ...