Film - "Wuthering Heights"
This image released by Warner Bros. Pictures shows Jacob Elordi and Margot Robbie in a scene from "Wuthering Heights."
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Paramount is intensifying its efforts to take over Warner Bros. Discovery. On Tuesday, the company offered Warner shareholders an added “ticking fee” if the deal doesn't close by year-end. Paramount also pledged to fund Warner's proposed $2.8 billion breakup payout to Netflix under their merger agreement. Paramount's offer otherwise remains at the same price of $30 per share in cash. Paramount aims to buy Warner for $77.9 billion but needs more shareholder support — and is again extending the deadline for its tender offer, which is now March 2. Meanwhile, Warner's leadership has continued to back its $72 billion studio and streaming deal with Netflix. Both deals face tremendous antitrust scrutiny.
