Warner Bros. Discovery Finds Paramount's Latest Bid 'Superior' to Netflix

Kourtnee covers TV streaming services and home entertainment. She previously worked as an entertainment reporter at Showbiz Cheat Sheet, where she wrote about film, television, music, celebrities and streaming platforms.

• Though Kourtnee hasn't won any journalism awards yet, she's been a Netflix streaming subscriber since 2012 and knows the magic of its hidden codes.

Warner Bros. Discovery's board has changed its tune after Paramount Skydance's most recent effort to thwart the Netflix merger-acquisition. On Tuesday, Feb. 24, Paramount submitted a revised all-cash bid of $31 per share to buy WBD in its entirety. Warner Bros. has reviewed the proposal and, on Thursday, announced that its board of directors finds the offer to be "superior" to the Netflix agreement. Netflix has four days to respond. 

If this new bid is approved, Paramount would not only pay $31 per share in cash ...