Warner Bros., the entertainment powerhouse behind iconic characters like Batman and Superman, has been a major player in the video game industry with successful titles such as the Batman Arkham series and Middle-earth games by Monolith. More recently, they have seen success with Hogwarts Legacy and Mortal Kombat. However, they have also faced setbacks with games like Suicide Squad: Kill the Justice League and Gotham Knights. These mixed results have led to speculation about changes in their gaming division.
According to a report from Financial Times, as relayed by GameRant, Warner Bros. may be considering selling a significant portion of its video game business. This move would be aimed at recovering financial losses and boosting its stock price. While this is still a rumor, it has been circulating for several years, suggesting that Warner Bros. is seriously exploring this option.
Despite the success of titles like Hogwarts Legacy and various LEGO games, Warner Bros. might be looking to offload less profitable segments of its gaming division. This could potentially involve selling off a large part of their operations in the gaming industry.
Thanks, Financial Times.