The Ellison-backed media giant offered a so-called ticking fee for each month the deal fails to close. Paramount Skydance is ramping up its bid for Warner Bros Discovery by offering extra cash for each quarter the deal fails to close after this year. The CBS parent company also said that it would cover the $2.8bn termination fee if Warner Bros Discovery walks away from its $82.7bn deal for its studio and streaming assets with Netflix. The move is the latest effort by Paramount to sweeten the deal for the HBO parent company amid repeated attempts at a hostile takeover, which Warner Bros has turned down. Paramount Skydance offered a 25-cent per share “ticking fee” which would ultimately come out to $650m in cash per quarter between the start of 2027 and the closing of the deal. However, ...