The article bullet point referencing WB Discovery could mislead some into thinking that this takeover is only for the Discovery portion, but that's not the case. $30 would not be for Discovery only (as Netflix's bid is $27.75), it's for the whole kit and caboodle. Yes there are two entities, but/and Paramount wants it all, and the takeover intent is for both.
I've heard that what Kushner wants is CNN. If they could make CBS+CNN lean conservative like Fox, they pull off a potential to swing the country via news media.
It might be. But if you're doing a short-term political power play (rather than a business investment), it could be a good tactical spend. And it might be a smart business investment if the political power play works in such way that you can politically bend the business environment in your favor.
I think that's over-simplifying it. Some YouTube personality (or whatever we want to call 'online media' that isn't just CNN's website) isn't going to be getting a Whitehouse press pass anytime soon.