RELEASE: Rep. Friedman Responds to Netflix Declining to Increase Bid for Warner Bros. Discovery

WASHINGTON, D.C. - Today, February 26, 2026, U.S. Congresswoman Laura Friedman (CA-30) issued the following statement after Netflix declined to increase its bid for Warner Bros. Discovery:

"For us, Hollywood isn't just an internationally recognized name, it's the powerhouse behind our local economy that supports tens of thousands of jobs. From the beginning I've said that any deal needs to bring production and jobs back to the United States and Hollywood and lower costs for consumers," said Congresswoman Laura Friedman (CA-30). "We also know what we really need: a national film tax credit. It's working in California and it will work across the country. I'll keep fighting to ensure it gets done and American businesses and workers can compete on a level playing field with the rest of the world."

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