According to a report by Bloomberg, Warner Bros. Discovery, a media company pursued by Netflix, is now revisiting an acquisition offer from Paramount Skydance, which had been earlier overshadowed by a preference for Netflix. Meetings within Warner's board have reportedly taken place regarding Paramount's revised offer. However, no final decision has yet been made, indicating the negotiations are still in progress.

Paramount has improved its proposal, although the share price remains at 30 euros. The key change is an additional incentive for Warner shareholders, who would receive an extra 25 cents per share for every quarter starting in 2027 until the deal is finalized. Furthermore, CBS, the parent company of Paramount, has agreed to take on a substantial breakup fee of $2.8 billion, which adds weight to their offer.

This potential shift in Warner's negotiations highlights the fiercely competitive landscape of the media industry, as companies weigh their options amid changing dynamics and aggressive acquisition strategies. The outcome of Warner's deliberations could significantly impact the future structure of the media landscape, especially as major players like Netflix and Paramount vie for dominance in the streaming arena.