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Paramount ups bid for Warner in fight against Netflix

LOS ANGELES, California: Paramount Skydance has submitted a higher offer for Warner Bros Discovery, intensifying its attempt to disrupt the HBO Max owner's proposed deal with Netflix, a source familiar with the matter said.

The revised bid improves on Paramount's earlier proposal of US$108.4 billion, or $30 per share, for the entire company. It is aimed at addressing Warner Bros' concerns about the certainty of

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