Paramount Skydance is mulling its next move after having its acquisition offer for Warner Bros. Discovery rebuffed for a second time in a span of days.

Multiple sources familiar with the ongoing WBD talks tell Deadline that the latest bid came in at $24 a share, sweeter than the initial offer of $20 a bit more than a week ago.

A rep from Paramount Skydance declined comment Tuesday when asked about the latest bid or prospects for a third one. A WBD spokesperson also would not comment.

Media earnings season has begun. With WBD and Paramount both slated to report quarterly results in the next two to three weeks, there’s hope that executives at both companies and more will offer some commentary on the M&A landscape during calls with Wall Streeters after the numbers. Netflix co-CEOs

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