Warner Bros. is considering resuming sales negotiations with Paramount

Warner Bros Discovery is considering resuming sale talks with rival Hollywood studio Paramount Skydance after receiving the latest revised offer from its rival bidder, Bloomberg News reported on Sunday, citing sources familiar with the matter.

Warner Bros board members are discussing whether Paramount can offer a more favorable deal.

Paramount improved its offer for Warner Bros last week by offering shareholders additional cash for each quarter in which the deal is not closed after this year and agreeing to cover the termination fee that HBO's owner would owe Netflix if it withdrew from the deal, although the owner of CBS did not raise its per-share offer.

(reuters)