The Globe and Mail reports in its Wednesday, Feb. 25, edition that Warner Bros. Discovery said that a revised $31 per share bid from Paramount Skydance could lead to a "superior proposal" compared with its current deal with Netflix (all figures U.S.). A New York Times dispatch to The Globe reports that Warner Bros. Discovery will continue talks with Paramount and, if Paramount's bid is deemed superior, will give Netflix four days to submit a counter proposal as per their original agreement. Warner Bros. agreed to sell a large part of its business to Netflix for $83-billion in December, rejecting Paramount's $108-billion offer to buy the entire company. Paramount presented a new offer to shareholders, making adjustments but keeping the price at $30 a share for Warner Bros. Last week, Warner Bros. reopened talks with Paramount, giving it until the end of Monday to come up with its best and final offer. On Tuesday, Warner Bros. said that "there can be no assurance that the board will conclude that the transaction proposed by" Paramount is "superior" to the Netflix deal. Warner Bros. said it continues to prefer Netflix's offering. Paramount's revised bid also includes a $7-billion termination fee.