Paramount Skydance CEO David Ellison is not ready to go down without a fight for Warner Bros. Discovery, making a counter offer that is $18 billion more than that offered by Netflix.
Source: https://www.marketwatch.com/story/paramount-triggers-bidding-war-for-warner-bros-as-it-offers-18-billion-more-than-netflix-8f10556e?mod=mw_rss_topstories