Warner Bros. Discovery's board is considering reopening sale talks with Paramount Skydance after receiving a revised takeover offer, according to a Bloomberg News report published Sunday.

The board has not made a final decision and could still move forward with its current agreement with Netflix.

The report, which cited people familiar with the matter, said board members are discussing whether Paramount's updated proposal could lead to a stronger overall deal. Reuters could not immediately confirm the report, and the companies did not respond to requests for comment.

Warner Bros. agreed in December to sell its film studio and HBO Max streaming service to........

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