Paramount ups its offer to buy Warner Bros, Warner Bros makes positive noises

In its attempt to outbid Netflix, Paramount has offered Warner Bros even more money, which the latter studio is now said to be considering.

The seemingly endless back-and-forth over who will own Warner Bros continues.

To briefly recap: Netflix initially looked like the obvious front-runner, having made deal worth over $82bn to acquire the studio last December. Then Paramount Skydance came riding in with a higher cash offer of $108.4, which Warner Bros initially rejected – partly because it saw too many risks attached.

Following that rebuffal, Paramount Skydance scrambled its lawyers, demanding that Warner Bros reveal the details of its Netflix deal. Having calmed down a bit, Paramount has decided to…