Warner Bros. considers restarting negotiations with Paramount for a sale.

According to informed sources, Warner Bros. is considering restarting sale negotiations after receiving the latest revised acquisition offer from competitor Paramount Skydance. Sources say that Warner Bros. board members are discussing whether Paramount can offer a better path to reach a more advantageous deal, which could trigger a second round of bidding war with Netflix. The board has not yet decided how to respond and may continue to maintain the current deal with Netflix. Paramount submitted revised terms last week to address several key concerns: if Warner Bros. terminates the agreement with Netflix, Paramount will bear the $2.8 billion fee payable to Netflix; and they also promise to provide bottom support for the refinancing of Warner Bros' debts. Paramount also stated that if the deal is not completed by December 31, they will compensate Warner Bros. shareholders, highlighting their confidence in obtaining regulatory approval quickly for the deal.