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Warner Bros. Mulls Paramount Skydance's Improved Acquisition Offer

2/15/2026

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Story summary
  • Warner Bros. Discovery is considering reopening sale talks with Paramount Skydance after receiving an amended offer, according to Bloomberg News.
  • The Warner Bros. Discovery board is evaluating whether Paramount Skydance could offer a better deal.
  • Last week, Paramount Skydance improved its bid by offering cash to shareholders for each delayed quarter.
  • Paramount Skydance also agreed to cover the breakup fee Warner Bros. Discovery would owe Netflix if the deal fails.