Big news. The ground has shifted as Warner Bros. Discovery said its board determined tha a new proposal from Paramount could reasonably be expected to lead to a so-called "Company Superior Proposal" as defined in WBD's merger agreement with Netflix and that it will continue talks with the David Ellison company.

Ted Sarandos has pushed back again on comments by James Cameron that Netflix’s planned acquisition of Warner Brothers Discovery would be “disastrous for the theatrical motion picture business”,