Read more: Warner Bros Discovery and Paramount Global Face Mounting Concerns Over Proposed Merger The Bronfman-led investor group, which includes Fortress Investment Group and Inclusive Capital Partners founder Jeff Ubben, has also seen a reshuffle, with cryptocurrency entrepreneur Brock Pierce and Kazakhstan investor Nurali Aliyev dropping out from the latest revisions. A special committee of Paramount's board has extended the deadline for reviewing Bronfman's proposal to September 5, allowing time for any counter-offers from Ellison's group. The Wall Street Journal first reported the details of Bronfman's improved offer. As the bidding war intensifies, the future of Paramount Global remains uncertain, with both offers representing substantial changes to the media landscape. Source: Reuters