Wbd board says new Paramount offer may be better deal than Netflix

The new bid sent by Paramount to Wbd improves over the old in several facets, but it’s still not guaranteed that it will be accepted.

While walking the red carpet for the BAFTAs over the weekend, Netflix co-ceo Ted Sarandos had blunt advice for Paramount Skydance as it continued its hostile takeover attempts of Warner Bros. Discovery: “Don’t make up stories, don’t [spread] misinformation about market share. Just put a better deal on the table and see if you can win.” Now, it appears that Paramount may have done just that, as the Wbd board has informed its shareholders that the newly received offer from the David Ellison…