Warner Bros. considers restarting acquisition negotiations, Paramount's stock price rises.

According to reports, Warner Bros. Entertainment Inc. is considering restarting acquisition negotiations after the parent company of Colombia Broadcasting Company, Paramount, revised its offer. In response to this news, Paramount Pictures Corporation's stock rose by 2.8% in pre-market trading. Sources revealed that Warner Bros. board members are discussing whether Paramount can offer a better deal, which may reignite a bidding war with Netflix. Netflix's stock fell by 0.5% in pre-market trading, while Warner Bros.' stock rose by 0.9%.