Skip to Main ContentParamount Calls Its Warner Bros. Discovery Offer 'Superior' To Netflix'sParamount is sticking to its $30 per share offer to acquire Warner Bros. Discovery, calling it "superior" to Netflix's winning bid, after the Warner Bros. board urged shareholders to reject Paramount's hostile takeover effort."We remain committed to bringing together two iconic Hollywood studios to create a unique global entertainment leader. Our proposal clearly offers WBD shareholders superior value and certainty, a clear path to close, and does not leave them with a heavily indebted sub-scale linear business," Paramount chairman and CEO David Ellison said in a statement Wednesday."We will continue to move forward to deliver this transaction, which is in the best interest of WBD shareholders, consumers, and the creative industries," he continued.See All UpdatesClose