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The Guardian - UK
The Guardian - UK
Entertainment
Mark Sweney

Warner Bros Discovery weighs new sale talks after fresh Paramount offer

Paramount Warner Bros Warner Bros Discovery Netflix WBD
Paramount and Warner Bros logos
Paramount sweetened its takeover offer for Warner Bros Discovery with a ‘ticking fee’ of about $650m a quarter if the deal is not closed. Photograph: Dado Ruvić/Reuters

Warner Bros Discovery (WBD) is reportedly weighing reopening sales talks with Paramount Skydance, in a move that could spark a fresh bidding war with Netflix for the Hollywood film and TV company.

Members of the board of WBD are discussing whether to re-engage with Paramount, which is pursuing a hostile $108.4bn (£76.8bn) cash takeover directly with shareholders in a bid to derail an agreed deal with Netflix, according to Bloomberg.

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