Paramount Skydance Opens Door to WBD Talks Without Hinting a Higher Bid

Paramount Skydance said it is prepared to engage in good-faith discussions with Warner Bros. Discovery within the seven-day negotiating window opened by WBD, but offered no indication it would raise its $30-per-share all-cash bid. WBD pressed for clarity on a higher proposal (noting a potential price above $31 per share) and scheduled March 20 for the Netflix merger vote, while Paramount said it would continue its tender offer and nominate directors, arguing its offer remains superior to Netflix’s deal.