05:30 PM EST, 01/21/2026 (MT Newswires) -- Paramount Skydance ( PSKY ) plans to push back the Jan. 21 deadline for Warner Bros. Discovery ( WBD ) shareholders to accept its hostile bid while keeping its $30-per-share offer unchanged, the New York Post reported Wednesday, citing sources familiar with the matter.

The move follows Warner Bros. Discovery ( WBD ) Chief Executive David Zaslav's effort to fast-track a shareholder vote on Netflix's ( NFLX ) competing bid and pressure Paramount Skydance ( PSKY ) to raise its offer or walk away.

Paramount Skydance ( PSKY ) is continuing its legal challenge to the bidding process while leaving its offer unchanged for now, despite having the capacity to increase it if necessary, according to the report.

Netflix ( NFLX ), Paramount Skydance ( PSKY ) and Warner Bros. Discovery ( WBD ) didn't immediately respond to a request for comment from MT Newswires.

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