George Tsilis revisits Netflix (NFLX) after the streaming giant lost the bidding war for Warner Bros. Discovery (WBD) to Paramount Skydance (PSKY). He turns back the books of the company's finances to explain how live and sports content, paired with advertising growth, offer earnings tailwinds. The headwinds? The very Warner Bros. Discovery merger it didn't seize as competition intensifies. George later offers technical insight by taking investors through key levels in the stock chart.