That Time Haim Saban Wanted To Buy Jared Kushner’s Newspaper
In what could sound like the unlikeliest of deals, Jared Kushner, Donald Trump’s son-in-law and top adviser, tried to sell a newspaper he owned to a major Hillary Clinton donor and a progressive media operative.
After the elections, as Kushner prepared to join Trump at the White House, he reportedly tried to find buyers for Observer Media, the newspaper company he owned, according to Buzzfeed. The potential buyers were Haim Saban, a Hollywood billionaire and top Clinton donor, and David Brock, a liberal media figure.
Saban and Brock weren’t the first choice for Kushner and his brother-in-law Joseph Meyer. They first tried conservative media groups including the National Inquirer, but when talks did not lead to a deal, they moved on to Democrats. Brock had said at the time that he is interested in setting up a “progressive Breitbart.” Saban wanted the publication to have a Washington presence.
Negotiations with Saban and Brock eventually led to no results, as both sides could not reach an agreement on the price of the Observer.
A year later, Saban and Kushner would meet on stage at the Saban Forumin Washington where Kushner gave a rare public talk. During his on-stage conversation with Saban, the Israeli-born media mogul revealed that in 2010 he received a letter from Kushner, expressing his admiration to Saban.
This story "When Jared Kushner Almost Sold Newspaper To Haim Saban" was written by Nathan Guttman.