Paramount Tweaks its Deal in Bid to Wrestle Warner Bros. Away From Netflix.

Key Takeaways Paramount wants Warner Bros. Warner Bros. wants Netflix. A tech billionaire hopes his personal guarantee can tip the scales in the other direction. Paramount Skydance (PSKY) on Monday tweaked its offer for Warner Bros. Discovery (WBD), addressing some of the concerns the latter company outlined in a letter to shareholders last week. Warner Bros. rebuffed Paramount CEO David Ellison's attempt to pry the HBO owner away from Netflix (NFLX), which has already agreed to acquire it for upwards of $8 ...