WBD says Paramount’s new higher offer could be “superior” to Netflix’s
WBD’s board is still reviewing the offer. Paramount Skydance increased its bid for Warner Bros. Discovery (WBD) from $30 per share to $31 per share, WBD said today. Amid a competing offer from Netflix for WBD’s movie studios and streaming businesses, WBD said that Paramount’s new bid “could reasonably…