Warner Bros. Discovery announced Tuesday it will restart talks with Paramount Skydance following the media giant’s revised offer – potentially heating up a bidding war with Netflix once again.

Warner Bros. Discovery said Tuesday it is reviewing Paramount’s revised offer as it jockeys with Netflix to acquire the company, though it did not reveal the terms of Paramount’s latest bid and noted ...

Paramount Skydance is undeterred by the Warner Bros. Discovery board’s latest rejection of its offer to acquire the company, but is not raising its bid above its stated $30-per-share all-cash offer.

Warner Bros. Discovery had agreed to sell itself to Netflix, but its contract allows it to pursue offers that may lead to a superior deal. By Lauren Hirsch Warner Bros. Discovery is weighing whether ...

Warner Bros. Discovery's board of directors on Wednesday rejected Paramount Skydance's revised hostile bid, saying that its terms are inferior to Warner's $82.7 billion merger agreement with Netflix. ...