Aleksander Kalka/NurPhoto via Getty Images; Kristina Bumphrey/Variety via Getty Images
Paramount Skydance may finally have the upper hand on Netflix in the bidding war for Warner Bros. Discovery.
The WBD board announced on Thursday afternoon that it believes Paramount’s offer to buy the entire company for $31 per share is better than Netflix’s proposal to buy its studio and HBO assets for $27.75 per share.
This story will be updated.