Warner Bros Discovery Deal: Why Netflix May Have Still Won

By Jason Hall and Tyler Crowe – Feb 28, 2026 at 8:05AM ESTIn this video, Motley Fool contributors Jason Hall and Tyler Crowe break down how Netflix (NFLX +14.03%) may have come out ahead by losing the bidding for Warner Bros Discovery (WBD 2.19%) to Paramount Skydance (PSKY +20.93%), while still having bigger issues it should focus on instead. *Stock prices used were from the morning of Feb. 27, 2026. The video was published on Feb 27, 2026. Read NextFeb 27, 2026 •By Anders BylundNetflix Lost. Netflix Won. Film at 11.Feb 27, 2026 •By Anders BylundCan Netflix Stock Beat the Market?Feb 27, 2026 •By Patrick SandersNetflix Drops Warner Bros Bid, Shares Rally as Paramount Emerges VictoriousFeb 26, 2026 •By Prosper Junior Bakiny2 Stock-Split Stocks to Buy and Hold for the Next 10 YearsFeb 26, 2026 •By Neil PatelNetflix's Ad Revenue Is Expected to Surge 100% to $3 Billion: Is This the Best Stock to Buy Today With $1,000?Feb 25, 2026 •By Danny Vena, CPAParamount Skydance's Higher Bid for Warner Bros.

Has Netflix Shareholders Cheering. Here's Why.About the AuthorJason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.TMFVelvetHammerX@thesmatteringStocks MentionedNetflixNASDAQ: NFLX$96.46(+14.03%)+$11.87Warner Bros. DiscoveryNASDAQ: WBD$28.16(-2.24%)-$0.65Paramount SkydanceNASDAQ: PSKY$13.51(+20.84%)+$2.33*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.