Report: Warner Bros. Considering Selling a Stake in Its Video Game Business - News
by William D'Angelo , posted on 03 December 2024 / 5,642 Views
Warner Bros. Discovery is reportedly considering selling a stake in its video game business, according to the Financial Times.
The company is looking to reverse the drop in its stock price since Warner Media and Discovery merged in 2022. It is looking to sell a stake in Warner Bros. Games or sell Polish broadcaster TVN.
Warner Bros. Games consists of multiple video game studios, including the following:
- Avalanche Software
- Monolith Productions
- NetherRealm Studios
- Player First Games
- Portkey Games
- Rocksteady Studios
- TT Games
- WB Games Boston
- WB Games Montréal
- WB Games New York
- WB Games San Diego
- WB Games San Francisco
The developer under Warner Bros. Games have worked on Hogwarts Legacy, Middle-Earth: Shadow of Mordor, Batman: Arkham series, Mortal Kombat series, and more.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.
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Microsoft or Take 2 could be a potential buyer. If they manage to buy Rocksteady they can make high quality superhero games too. Sony has proven their is a massive demand for these kind of games and WB keeps earning die to licensing even after they sold Rocksteady.
It reads like its only a stake rather than the whole thing so that might get around the license issue.
Would Microsoft be up for going after another publisher after Activision? It would likely go through all the competition watchdogs again as it would be the third publisher they’d be buying.
Same rumour 2 years ago. Presume they held back then because of Hogwarts success, a while later after Suicide squad failure they go again? All they would be selling is studios anyway, WB will still own all the IPs right?
I'm betting that Tencent buys a piece.
I would like to see Xbox buy Netherealms for two reasons.
1) MK v KI cross over
2) Killer Instinct 202X
Wonder whose buying? Last major studio buyer I remember was Nintendo buying that port studio, but that was a port studio. Not sure they'd buy a development studio without a very specific request or connection, going off what happened with Monolith Soft.
Like maybe if the Rabbids+Mario guy was still in Ubi Milan and Ubisoft was selling it, Nintendo might buy that but....don't think they are particularly close to anyone in these studios.
Could one go independent perhaps?
If Warner were to sell each studio separately, it could attract more buyers, for example, Microsoft may not be able to buy everything due to regulatory restrictions or the genres of games that some studios make.
The spin-off could be good for Take Two, Sony and others, as well as being easier to offload assets.
Possibly, if they aren't too integrated (not helping each other much). But, the article says that they're looking to sell a stake, not the whole business. I'm not sure how many takers there'd be for a minority stake in a single studio. Seems to small for many of the big boys to care about.
Hope Ms buys them!
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