Netflix has already spent $2.3 million lobbying Washington through the first three quarters of 2025, up from an annual record of $1.9 million last year, disclosures show. The streamer’s roster of outside lobbyists includes Monument Advocacy, Mehlman Consulting and Miller & Chevalier.

Should Paramount succeed in acquiring Warner Bros, the combined studio will release more than 30 theatrical titles a year. This was Paramount CEO David Ellison’s promise during a phone presser following news of the conglom’s hostile takeover bid for Warner Bros Discovery.

NEW YORK — Warner Bros. Discovery's friendly agreement to sell itself to Netflix just got upended by a hostile actor -- Paramount, which made Warner shareholders a higher offer and touched off what is likely to be a lengthy fight in the latest episode of media industry consolidation.

Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.

Warner Bros. faces a dramatic turn of events as Paramount launches an aggressive counteroffer to Netflix's pending acquisition deal.

Paramount is making its most aggressive case yet to seize Warner Bros. Discovery, unveiling plans to dramatically scale up its theatrical slate as part of its newly launched hostile takeover effort. In a call with press and investors on Monday,