The Warner Bros. logo appears on the water tower at Warner Bros. Studios on September 12, 2025 in Burbank, California.
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warner bros discovery‘s board of directors is considering resuming sales negotiations with. paramount skydance Bloomberg News reported on Sunday, citing unnamed sources, that it recently received an amended offer that eased the terms of the contract.
Warner Bros. agreed in December to sell both its movie studio and HBO Max streaming service to the United States. Netflix $27.75 per share. Paramount, which owns CBS and MTV, launched a hostile takeover of Warner Bros. in December, promising shareholders $30 a share in an all-cash deal.
Paramount last week upped the ante, saying it would add a 25 cents per share ticking fee to the offer if regulatory approval for the deal is delayed.
CNBC.com previously reported that the ticking fee would be approximately $650 million in cash per quarter for each quarter that the transaction is not completed by December 31, 2026.
Paramount also announced it would pay Netflix a $2.8 billion termination fee if its deal with Warner Bros. ends. Paramount also announced that it would reduce potential debt refinancing costs by $1.5 billion.
Both Paramount and Netflix said they were willing to raise their bids to secure the Warner Bros. deal, Bloomberg reported. However, the report says this is the first time Warner Bros. has considered whether Paramount’s offer might result in a better deal or encourage Netflix to offer better terms.
Read the full Bloomberg report here.
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