The Ellison-backed US media giant offered a so-called ticking fee for each month the deal fails to close.

Paramount has sweetened its offer for Warner Bros. Discovery, adding a so-called "ticking fee" to signal regulatory confidence among other new elements.

Paramount Skydance announced enhancements to its offer to buy Warner Bros. Discovery as it tries to woo shareholders away from Netflix.

The Ellison-backed US media giant offered a so-called ticking fee for each month the deal fails to close.