1339 GMT - The battle between Netflix and Paramount to acquire Warner Bros. Discovery in part or in whole may not be won by the side that offers the most money, AJ Bell's Dan Coatsworth says. Paramount raised its offer for all of Warner Bros. Discovery Monday, but "there is a good argument to suggest Netflix is a better fit than Paramount, given its scale and reach," Coatsworth writes. Warner's board confirmed it received Paramount's fresh bid Tuesday, and said it continues to recommend Netflix's all-cash offer for its studio and streaming businesses. Warner Bros. Discovery shares rise 0.8% premarket, while Paramount Skydance climbs 0.75%. Netflix climbs 0.5% premarket. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
February 24, 2026 08:39 ET (13:39 GMT)
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