Paramount is standing by its current proposal to acquire Warner Bros. Discovery, warning shareholders against embracing Netflix's pending offer.

A new filing says Paramount offered pay and a job to WBD CEO David Zaslav, and gives other takeaways from the bidding war.

EXCLUSIVE: Lia Buman is the new Head of Global Acquisitions and Republic Pictures at Paramount Pictures. In addition, Buman will oversee Republic Pictures as a targeted development and production label within Paramount, zeroing in on commercially driven movie with a strong independent DNA.

Warner Bros. and Netflix leaders put on a show of force Wednesday when Netflix co-CEOs paid a visit to the Warner Bros. lot in Burbank.